Gidday AndreiR.Cashflow positive is the buzz word. If you delve deeper you will find other peoples problems are your profit!Try mixing Steve ideas with a simple cost effecrive reno, bingo, raised the value, raise the rent. What looks average can be spruiced up to become +ve.I also have a house in Moranbah Qld. that has offered fantastic cashflow…[Read more]

Hi Letita,If I were in your shoes I would look into offset accounts, They help reduce your interest burden on the existing property and are liquid so you can pull the money down for a deposit when ready. They normally yeild the same result as the interest you are paying now. A good mortgage broker can help you withn this and show you how. The…[Read more]