We are starting out on the property roundabout. Equity in PPOR is about $150K, happy to renovate etc etc…
Who on earth do we contact that will spare us the time to answer heaps of “silly” questions that won’t cost us the earth???
Hi Tammy,
You have found just the people to answer those ‘silly questions’ as you put it. They are here on the board and will gladly answer those questions.
In the meantime you may like to read a number of the posts to get a feel for what is right for you and invest some $ and purchase some of the books listed in the ‘Heads Up’ section of this forum.
https://www.propertyinvesting.com/forum/topic.asp?TOPIC_ID=6845
I would also recommend you consult with a broker and find out what your borrowing capacity is so that you have an idea of what market is affordable. With $150K equity you are well placed to start investing – the next move is yours.
Hope this helps.
Derek
[email protected]Read my comments? Think I can help you? PM or email welcome.
Tammy,
Go to my web site http://www.bantacs.com.au and down load my rental property booklet. Its free and should cover all your tax questions
Julia
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