GAWD!
Hope she got a +ve CF property in the extreme

A buyers agent could be of use to you for locating a property that fits within your criteria.
A property manager could then be useful for arranging a tenant etc.
Choose a buyers agent carefully and hopefully it will be a great longstanding relationship.

Have fun [specool]

Toowoomba?
I think that boat is sailed. Maybe I will be wrong.

Regards,

Cliff
Options trader and property intvestor. 0418 106 613

I agree with how Bridgebuff has put it.
The real question is, what is your goal?

When you purchased the block what did you intend to do with it?

By the way thats a nice part of Queensland with a decent rental market.

All the best
[specool]

My 20 cents.

I would go interest only in your situation also.

The benifets of IO over P&I are numerous. Firstly, holding the property costs less. When you pay back the principle on an investment property only the interest payments are tax deductible.

Either way you go have a great time in the UK.

Hi PosEnterprises,

My first 2 houses were ‘renovators delights’ and I did very very well out of them, and still do.

I think it is a great way to start as not only do you have the opportunity to increase the value significantly but you will learn a lot more than you will believe.

Make sure you don’t renovate a dog in a dog street. Pay the…[Read more]

Hi Quicksilv,

I would go the cheaper house, if any.
Your idea of your “Dream House” will change so many more times as your life and circumstances change.
Investing and income are important but control of expenditure is worth some thought..

Have fun! [specool]

Hi,

My 20 cents.
I would have the property valued to its MAAAXXX and then use the equity to play Monopoly.
Which ever way you go the main point is to make sure your next investment is sound.

Good luck! [specool]

0 to 260+ in 7 years is a great book.

I do believe that your psychology is as important as any technique that can be learned so I therefore recommend any books of Wayne Dyer.

But for me the most influencing books were; “Think and Grow Rich” and “Acres of Diamonds”

Hope this helps! [specool]

Hi,

Well, it is harder now to find +CF properties but not impossible.
In my opinion good property investors solve problems that most can not.
You have just outlined one, have a go!

Best of luck.

Firstly the idea that a fund manager has any more of an idea than a novice is funny in itself. Yes some do well one year and then not the next. Someone always shows up with some fund manager that made massive returns LAST YEAR, the problem is so many only track the index after fees.

I would suggest you invest in an area that you have an…[Read more]

Happy New Year to you all.

I sort of agree with the others but dont give up on your dreams even if your job is ‘safe with perks’ – – YUCK!
Work out what you want and move forward with focus.

[specool]

Always ‘looking’ and still buying [thumbsupanim]
Happy New Year!!