Thread: The Greens
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  #26  
Old 19-06-2008, 10:39 AM
mrssmash mrssmash is offline
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Join Date: Jun 2008
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hello

its definately 5% of the NET purchase price (i.e before tax) so yes everyone will be getting different amounts depending on what you paid



Quote:
Originally Posted by tima View Post
I havent really thought about this at this point and most of your comments are news to me. 5% doesnt seem very much but i suppose will cover the mortgage... i guess they are talking about 5% of the value of the property or is it 5% of the purchase price because if its purchase price then some lucky ones who got in early will be onto a smaller income - anyone know which it is.. doesnt seem fair that 5% means different amounts for different people when they are the same 2 bed apartments. Does anyone have any idea of how much per week the rental could/would/should be ??
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