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  • Profile photo of dkramdkram
    Member
    @dkram
    Join Date: 2005
    Post Count: 4

    Thank you everyone for ur time.
    Dear Kenneth,
    My property investing goals: I want financial independence. I want to own a couple of residential IPs.
    I want to buy and hold them for sometime. Probably till I am still working as a IT consultant (that maybe for next 10 to 15 years).
    I want to reduce the tax I am paying. Our combined income in about $180K per year and we are paying a lot of tax. I want to gear against something.
    I don’t want to just to sit down and expect things to happen.
    I want to do something about my future and kids future while I am still young healthy and working.

    I know I can borrow a good amount of money from the bank but I don’t know how much to spend on one IP.

    Thanks for your help.

    Profile photo of dkramdkram
    Member
    @dkram
    Join Date: 2005
    Post Count: 4

    Thank you very much everyone who replied. You have made it easy for me to make the decision. Once again. thanks a lot.

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