ppor value $550,000 loan $65,000ip1 value $600,000 loan $205,000 rent $275/weekip2 value $190,000 loan $95,000 rent $105/wkip3 value $240,000 loan $195,000 rent $240/wk1st 2 ip's bought for growth, 3rd property bought for cashflow.frog

Brilliant Q's and comments to be considering f and Richard.  You've proved to me how easily you can lose everything if you're not treating your investment portfolio like a business.  I've just completed some spreadsheets and discoved even with the interest rate rise to 8% I will be $871/month better off or $10,452/yr so I'll still have a bit of a…[Read more]

My loans are: 1) fixed till Sep 08 – 5.99%                          2) fixed till Feb 08 – 6.69%                          3) fixed April 2012 – 7.25%                          4) fixed July 09 – 6.74%                          5) variable (15k) – 7.49% With my tax return $$$ coming off variable loan rate increase doesn…[Read more]

Just curious, do you invest in property foundation?

Marc, how do you find renting properties instead of PPoR?  Do you often have to move? Positives/Negatives?

I think if interest rates go up another 1% that will be the peak.  I can see a 1/4 % rate rise next month. 

If nothing is in writing you are fine. It’s agents job to have offer in writing ASAP. If you want to confirm check with REI in your state.

If your still considering deal, I’d have a solicitor run over the fineprint.