911turbo replied to the topic with $260k-$300k which area in Brisbane would you recommend? in the forum Help Needed! 16 years, 8 months ago
Hey Mixed up,I am looking at a new 4Br house in the Ipswich area for $310,000 with a tenant lined up renting for $300 p/wk. I am Sydney based and already own similar properties in Crestmead and Waterford West. These areas demand $340 p/wk rent and are seeing fantastic Cap growth. All my properties are managed by the same real estate agent and al…[Read more]
911turbo replied to the topic Ready Set Go!!! in the forum General Property 16 years, 8 months ago
Hey there Eddie,2 questions (1) how much deposit do you have to start with right now & (2) why are you picking Sydney…..do you not consider it an expensive market to invest in. My point is, I feel you will tie up alot of funds to secure your first property and see little capital gains for some time therefore possibly not allowing you to invest a…[Read more]
911turbo replied to the topic FREE tickets to the Sydney Property Expo in the forum Heads Up! 16 years, 8 months ago
You're a top man Michael. Cheers.See ya then
911turbo replied to the topic Is a LOC loan the right package??? in the forum Help Needed! 16 years, 8 months ago
Hi,Sounds a bit like me a few years ago. We had one investment which was going great and we had $180,000 debt on our own home but were struggling to get into our next investment property. The banks were no help and said we needed to reduce our home loan or earn more money. Then a work colleague of mine suggested that I speak to his guy that he w…[Read more]
911turbo replied to the topic Is a LOC loan the right package??? in the forum Hey Hybrid,
what I’m 16 years, 8 months agoHey Hybrid,what I'm wondering is how long you have had your investment properties for? I ask this because you still have personal debt ie. non tax deductible debt? To have accummulated 4 investment properties and still carry personal debt surprises me. What income bracket are you in?I think whatever move you are about to make needs to be well…[Read more]