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  • Profile photo of Apprentice Investor.Apprentice Investor.
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    March 10, 2014 - 8:10 am

    Thanks for that Mark.

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    March 1, 2014 - 8:23 am

    Thank you, Catalyst.

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    March 1, 2014 - 6:22 am

    Thanks Benny.

    Jared.

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    January 14, 2014 - 10:22 am

    Thank you JacM. 

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    January 14, 2014 - 9:39 am

    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 30 years it works out to be $61 a week. Rates and the body corps fees are tax deductible. Any advice on this, cheers.

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    January 13, 2014 - 9:17 am

    Thanks Benny I've booked in to see a MB next week. Cheers

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    January 12, 2014 - 7:17 am

    Thanks for the advice, New Guy and Jamie.

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    January 12, 2014 - 5:40 am

    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 keen to find another IP in the mean time till we get to final place of residency. I'm trying work out what the best way to structure it all, I'll be using a different lender/mortgage broker for my next investment. Any advice in who'd be the best to go talk with in what I'm trying to achieve etc. Accountant, Financial Adviser?

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    January 12, 2014 - 4:29 am

    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?

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    January 12, 2014 - 4:16 am

    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 of the year leaving it a negatively geared IP for the bulk of my deductions and depreciation claims. Does this sound like good idea? 

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