Apprentice Investor. replied to the topic Renting vs living in PPOR. in the forum Help Needed! 10 years, 9 months ago
Thanks for that Mark.
Apprentice Investor. replied to the topic Renting vs living in PPOR. in the forum Help Needed! 10 years, 9 months ago
Thank you, Catalyst.
Apprentice Investor. replied to the topic Renting vs living in PPOR. in the forum Help Needed! 10 years, 9 months ago
Thanks Benny.
Jared.Apprentice Investor. replied to the topic Starting out. in the forum Help Needed! 10 years, 11 months ago
Thank you JacM.
Apprentice Investor. replied to the topic Starting out. in the forum Help Needed! 10 years, 11 months ago
Thanks 007 and Jamie. Just wanting to start at the lower end of the market for my next IP and looking for positively geared IPs I've found a 1 bedroom unit in a good size town for 45k, its currently rented for $140 A week. The current tenant is planning to stay there for a few more years. The rates are $2200 and body corp is $2000. At 5.88% over…[Read more]
Apprentice Investor. replied to the topic Starting out. in the forum Help Needed! 10 years, 11 months ago
Thanks Benny I've booked in to see a MB next week. Cheers
Apprentice Investor. replied to the topic Starting out. in the forum Help Needed! 10 years, 11 months ago
Thanks for the advice, New Guy and Jamie.
Apprentice Investor. replied to the topic Starting out. in the forum Help Needed! 10 years, 11 months ago
Thanks New Guy. No there not crossed at all. That's just how it has worked out so far with moving into the property first. I totally agree being married with two kids and hate moving myself, it's just what I've had to do with work for the last couple of years. I could even be in my PPOR a while longer yet after this year depending on work, but I'm…[Read more]
Apprentice Investor. replied to the topic Starting out. in the forum Help Needed! 10 years, 11 months ago
Thanks New Guy, yeah just to create more equity and get more of a positive cash flow on it as i used some of it for my PPOR. Does that sound ok or am i looking from the wrong angle?
Apprentice Investor. replied to the topic Starting out. in the forum Help Needed! 10 years, 11 months ago
Thanks Jamie. Can i still get deductions on my IP even though it's positively geared? I was thinking, seeing as my IP is now positively geared that it would be a good idea to try and pay it off as fast as i can to get even more of a positive cash flow and create more equity to help fund my next investment? Would like to be out my PPOR by the end…[Read more]