Hi,

Just a quick point. My brother has just joined the police force, and him+wife and kids are renting. They were looking to buy something, but were advised not to, as he could be posted anywhere in the state once training is completed. Sorry not to be of further help, but it’s worth thinking about.

Cheers
Phil

Hi Steve/Julian,

Thanks so much for the input and advice. I’m going to re-read sections on the lease option in the book ot try and gain a better understanding of how it works.

Re the property being negatively geared. When I bought it (2000) it wasn’t for investment, but to be my main home. Mum and Dad emigrated from the UK shortly after and have…[Read more]