Hi people
I have a little place in two titles, I've only setup the first one as yet and that can be rented out now at 300pm CP on the lot, plus it now has 60k equity and I still have the second title for down track. It's only a cheapy nothing flash but it's a great little earner for what I've spent.
Problem is , I hate the spot, I can't stand going over there to do any work, maintain things all the time and then there'll be the second project down track and the ongoing rental .
If I kept it , I'm bound to all that for good but it is a good keeper. If I sold now, I'd only come out of it with the 60k in cash after costs , no rental , no second title to play with , I'd bloody like to sell though and to hell with it.
I'd just prefer out of the spot all together if I had my way.
The other thing is - which is more useful in future financing , the 60 cash or the keeping = equity and rental income . I guess the keeper = more and you always have it don't you , probably a dumb question. I so want out though.
Cheers
I have a little place in two titles, I've only setup the first one as yet and that can be rented out now at 300pm CP on the lot, plus it now has 60k equity and I still have the second title for down track. It's only a cheapy nothing flash but it's a great little earner for what I've spent.
Problem is , I hate the spot, I can't stand going over there to do any work, maintain things all the time and then there'll be the second project down track and the ongoing rental .
If I kept it , I'm bound to all that for good but it is a good keeper. If I sold now, I'd only come out of it with the 60k in cash after costs , no rental , no second title to play with , I'd bloody like to sell though and to hell with it.
I'd just prefer out of the spot all together if I had my way.
The other thing is - which is more useful in future financing , the 60 cash or the keeping = equity and rental income . I guess the keeper = more and you always have it don't you , probably a dumb question. I so want out though.
Cheers