if you want cash to live onrental property is a complete waste...

  1. 3,698 Posts.
    if you want cash to live on
    rental property is a complete waste of money

    you get 3% on your money

    most have loans of at least $100,000

    $10,000 on interest
    no capital gain likely
    minimal return

    your much better off putting money into stocks

    the return with franking is a lot better
    and you don't have to worry about getting a tenant in or out as well

 
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