Yeah I don't know excactly how it works that's just what he said.
It was in January and he retired and got it out I assumed before all this stuff... as for tax etc no idea.
Guy at my work who just retired said he was able to retire t earlier because he put 50 per cent of his pay into super for the last 5 years.
(He already had house payed off.)
He said he wished he salary sacrificed earlier.
But u definately got to diversify.... no guarantees ur making it to...
yep good advice..goal is to get it positively geared..
i have one but i rushed into it got it at the wrong time, payed too much, not a great area and it has made no capital growth...but it is now positively geared someone is paying it off for me. I will hold onto it for ten years and try not...
also with ebay...all the packaging and posting takes a shitload of time and costs money...sometimes by t he time u get the thing away u make jack s**t compared with the time u put in. it can be a pain in the arse for very little reward
firstly as a single man i would suggest Melbourne
however if u prefer quiet life go Adelaide. 4/500k will get u something very nice
the further north u go the more ferral it gets
as others have suggested i would recommend places just out of the city..croydon, thebarton, brompton etc etc...
im in the same boat...but i have just returned form travellina nd living abroad for 10 years. i am 35 and am looking to to sought myslef out financially.
if i had my time again i would of finished uni brought a property lived in it for a year then rented it out and THEN travelled and did...
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