I source my own tenants however I have an agent in the middle to collect the rent, pay the utilities that need paying and be that first port of call for any emergencies. The agent is fine with this arrangement and it saves me the “listing fee” which is typically a weeks rent I believe.

Also the fact that I live overseas, makes it difficult to…[Read more]

Hi Mark,
Thanks for taking the time to respond. As someone who is very green with all this, I’d love to pick your brain a little regarding your response.

What would you consider a “high risk high return” scenario? Example, the idea of me using 20% from the equity in my Sydney property for a deposit on a perhaps “not as great capital growth, but…[Read more]

I’m an Aussie now living in the USA, and have come up against these things. Here’s my two cents –

CitiBank appears to have good international banking, but you need to be in each respective country to setup the account. IE, I setup my CitiBank account here in the USA, then wanted to set one up in Australia and kept hitting brick walls, told I need…[Read more]

Hey Benny,
That definitely is another angle worth visiting. I like the idea of starting small fries here in the USA and building some capital. Also, things are structured a little different and mortgage offset is not really a thing here from what I have seen (I could be wrong). In reality, I could free up USD $20k plus some extra to purchase a…[Read more]

Hi all,
 I've managed to get some things in place and switch my loan on this property over to interest only, and very comfortable with the fact that after the I/O payments, the associated holding costs and insurances etc, I'll still be $$$+++.

 A question that I am curious about how it is approached by others, is that whilever it is cashflow…[Read more]

Hi Adrian,
 I am interested to know some of your references that you used for research. I am relocating to the USA later this year and see it as an opportunity to be able to research as much as possible before I get there with the potential of looking at investing when I am there.

-Rob

Hi Waydo!

We are in Kings Park, just between Kings Langley and Quakers Hill …

Thank you Jamie!

Hi Benny,
 This may be an ignorant question and better directed to an accountant, but I was under the impression that even if I do rent the property out for more than 6 years, pushing me out of the CGT exemption category, that a CGT event won't happen until if and when I sell the property? 

Regards, -Rob

Hi guys… Thanks for your feedback so far.

We are specifically enlisting a local real estate agent in the area and having them handle everything as per a "traditional arrangement", with the only difference that we are finding the tenant and sending them their way. We are going to have our tenant deal with the agent in every such way they would…[Read more]