Brett replied to the topic Investment Income outweighs Salary in the forum Finance 3 years, 1 month ago
Hi Terry,
sorry for the delay in responding. We were told it was too rent reliant. How does one get around this?
I’d love to leave my job and become a full time property investor. But just don’t know how to proceed.
brett
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Brett started the topic Investment Income outweighs Salary in the forum Finance 3 years, 3 months ago
Hi Property Investors.
I recently tried to refinance a loan to complete some renovations and was knocked back as my ratio of rental income exceeds my salary. We are currently getting approx 120K in rental income, portfolio is roughly $2.5 with approx 350k in loans. I would love to start looking at another property using the equity we have but…[Read more]
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Brett replied to the topic Kitchen reno – Bunnings or Ikea in the forum Value Adding 5 years, 6 months ago
Hi,
I know you have posted that you chose a company to do it but thought I would reply in case others needed help.
I have used both Kaboodle and Ikea for kitchens, Where possible I would go back to IKEA.
Regards,
Brett -
Brett started the topic Torrens title insurance in the forum Help Needed! 5 years, 8 months ago
Hi
I am looking into buying a block of 6, 2bed units which currently operate under a torrens title. I am trying to investigate to cost of insurance and am coming up blank. If someone could please point me in the right direction. Am I looking for torrens title building insurance or is it called something else?
Appreciate your help.
Regards, Brett
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Brett started the topic Property tax accountant CGT in the forum Legal & Accounting 5 years, 8 months ago
Hi.
I am an everyday investor with a 4 properties. We are about to sell a house in Sydney as we have moved rural. We expect to make a large profit and from my research we should be exempt from capital gains with the 6 year rule. ( purchased 2014, moved out 2018 and has been leased for 12 months and selling as we have no plans to return). I have…[Read more]
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Brett became a registered member 5 years, 8 months ago
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