keep going Mel you are doing really well.Not sure of your exact situation however it would definitely be worth building a long term plan to ensure you reach these goals. Consider this as a business, every business has very distinct business goals, so should you.If you would like help with this please let me know as i have some documents and things…[Read more]

Hi Spencer,in answer to your questions1. Yes our banks do something similar although not called the same thing most will take in the expected rent and tax benefits associated with an investment. Assuming they cover the repayments or have the capacity to cover the shortfall. They will however expect you to have an income in the case of failure to…[Read more]

If the debt is personal debt ie personal loans and credit cards. you should definitely look to clear them first.If they are not big debts it will not take long to clear them and if they are big debts you should be looking to them first anyway.Investing should be something that improves your life not makes it harder, first ensure you can meet all…[Read more]

Time and wise investing Daniel.it is never easy when you first purchase particularly with interest rates the way they are but we simply have to do what you have already done. wait until the rent increase past the cost.There is no easy solution to this if we could all go out and buy ready made positively geared properties we would all own thousands…[Read more]

Hi Justin,this can be an excellent way to begin your investment portfolio.DO YOU RESEARCH!!!!! is all i can saythere are many companies out there who are not trustworthy.look for independant market advice and guarantees not neccesarily rental guaranttees but probably more important is build time guarantees. maybe approach some other similar…[Read more]

Hi Sharif,firstly you should double check the agreement, as most house and land packages are set up as a construction loan.I am not saying that is the case here but worth double checking.Also when dealing with house and land packages there are some things that need to be checked to ensure a profit is possible.1. check the market within the area…[Read more]

mackar wrote:
Michael Matusik is forecasting similar outlook… unsure how 'sub prime' in USA may affect this outlook until end of this year when more data will be available.I feel positive still though moving forward… but maybe not as positive as Bis shrapnel & Matusik… hopefully I'll be proved wrong by them as I have 5 properties plus a…[Read more]

Hi Shel,wherever you buy you should look to get some independant advice on the market situation.part of my own website is dedicated to independant market advice and is also free of charge.if i can help further please feel free to contact me

BDM wrote:
Or perhaps the Million Dollar Question proposed by David here in this post could be re-phrased in Shakespearean form: "To Fix or Not to Fix – that is the question".I am in the process of refinancing a loan or two that is (unfortunately) expiring from the fixing I did three years ago.  At the time, three years seemed like a l…[Read more]