Hi Derek,Thanks so much, these are the stories that i am after. On how others have done it.There is a HUGE amount of overwhelming information out there and sometimes if your looking for something hard enough you will find it. In other words, my research can prove to be biaised sometimes thats why i have started to ask to get different opinions and…[Read more]
Yes, the kids equation does come into it. But for us, that is about 5 or so years away. The aim would be to have a few IP's and a nice PPOR by then.The question i keep asking myself is if i look back from 5 years. What would be the best financial position and how did i get there? i think the first steps are crucial, worse not making any at all. < …[Read more]
Jamie – I like your advise on making a lump some gain first and then reinvesting this into an IP down the track. A question I have though, would it be better to get a interest only loan and save extra on the side or get a principle and interest loan? We intend on living in the PPOR for approx 18 months and then…[Read more]