Total Members: 159,186

adzlea

  • adzlea replied to the topic Paying Off Investment Loans in the forum Thanks terry
    12 years, 6 months ago

    Thanks terry

  • adzlea replied to the topic Paying Off Investment Loans in the forum Help Needed! 12 years, 7 months ago

    Yeah sorry to sound confusing Jamie that’s right, the goal is to eventually own the original ppor currently being rented out and move back there when it’s time to retire, (10 yrs or so) to answer your question no we don’t plan on buying another ppor. My main question is do I utilize the extra $ we have been able to pay into the offset by…[Read more]

  • adzlea replied to the topic Paying Off Investment Loans in the forum Help Needed! 12 years, 7 months ago

    Hi

    I am in a similar situation, purchased ppor 7 yrs ago moved out 2 yrs ago to rent out and moved to company house rent now pays for itself p&i and have $280 owing worth about $550 with about $90 k in offset

    . Also brought another one from equity loan of $125 k leaving about $18 in kitty for emergency. Balance of 80% loan from another fi for…[Read more]

  • adzlea replied to the topic Whats happening in Moranbah re rents in the forum Hi I live in Moranbah and 12 years, 8 months ago

    Hi I live in Moranbah and just posted on fishmeet's topic Are some mining towns too hot?Have a look, if you need any more info let me know.

  • adzlea replied to the topic Are some mining towns too hot? in the forum Help Needed! 12 years, 8 months ago

    Hi Fishmeet,I live in Moranbah and things are starting to slow. There has been an influx of investors over the past 6 months and the prices as you are well aware have skyrocketed. There are alot of long term residents (20yrs +) taking the money and leaving town. This is putting more houses on the rental market and unless you have a family member…[Read more]

  • adzlea replied to the topic Holiday let in the forum Help Needed! 12 years, 9 months ago

    Thanks Richard,I have been looking at options and looking further into figures I don't think it is a good option.Thanks for your reply

  • schmoo [4 Posts]schmoo's pictureJanuary 23, 2012 – 11:22amJoined: 09/01/2012Why would there be 67 properties for rent in Moranbah when there is supposed to be high demand for rental properties? The rental prices are still high.Hi SchmooThere are 67 houses for rent because the R/E doesn't take them off the website once taken, there are always multiple applications…[Read more]

  • adzlea replied to the topic Independent Advisor in the forum Help Needed! 12 years, 10 months ago

    Thanks Derek and Richard,I appreciate your comments. I would like for you to comment further, so can you indicate what is it you need to know and if you wouldn't mind could I PM you so as not to tell the whole world my details. I have been considering mining towns as I live in Moranbah and have been kicking myself I didn't buy here 12 months ago…[Read more]

  • adzlea replied to the topic New Year Moving forward with Investments is hard in the forum Help Needed! 12 years, 10 months ago

    Hi Lulu,No you are not alone, I do the same and jump all over the place. I get an idea in my head and then do the figures and then someone will mention something else and I get all confused, should I buy here or there etc etcI know its hard but you just sometimes have to go with what you think is best at the time.Remember sometimes the worst thing…[Read more]

  • adzlea replied to the topic Independent Advisor in the forum Help Needed! 12 years, 10 months ago

    Thanks for your thoughts Derek,In 8 years I want to stop work buy a motorhome($200K + at todays prices) and travel, having a passive income of around $100kThen when we get sick of that (say about 5 yrs) move back to the house but still have enough to live and maybe go on a few overseas trips. Our no1 IP is actually our PPOR that is being rented…[Read more]

  • adzlea replied to the topic Independent Advisor in the forum Help Needed! 12 years, 10 months ago

    Thanks Jamie,Its financial advice I'm after on  how to properly structure my portfolio and what to do next. Then I will start looking for that particular property. There seems to be alot of hype around the Bown Basin mines as CF+ are easy to find with promises of still 20 -30yrs work.One of my properties is neutral the other negative, should I be…[Read more]

adzlea

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