Yeah NewGuy, im pretty cautious mate. In terms of depreciation, everything in the home is over 5 years old so would there still be depreciation available?

She still works full time :D

Yeah DT was my first port of call in Adelaide, he was the one that gave me the RP Data sheep for the property. Thanks for the offer Richard, ill deffs shoot you a message.

As i understand the next step is to talk to the bank and organize an OI change if at all possible. Its with a small credit union here is SA so i don’t know how lucky we will…[Read more]

Thanks mate.

Anyone got a copy of the article i can read?

it is in ADELAIDE pew pew

We get Sexpo and cheesfest, what more do you want.

@Corey Its like they have a chip on their shoulder.

I prefer drivers cos they seem to be in it for the long run, which suits property investing.

@Corey Batt Its like they have a chip on their shoulder.

I prefer drivers cos they seem to be in it for the long run, which suits property investing.

Just a bunch of mugs in that group. :-)

I’m not very smart so I’ll let the others explain it better.

It’s all about buying places that have the ability to make you money as lump sum cash gains. Wether this is a Reno property or something that is undervalued or it perhaps has anther problem you can rectify. Re read the sections about identifying problems to create solutions. That is…[Read more]

Wealth of information you guys are :D

Does this mean for first time buyers like me, purchasing investments as PPOR and using these new benefits is becoming more relevant. If i bought a place for 200k and moved in for 6 months, renovated, then sold and repeated, i could take advantage of lower interest rates and slashed CGT?

Taking into consideration id have to move house every 6…[Read more]

Thanks for the re-assuring words guys. Its just very odd to see the people you surround yourself with being so content with everyday life. Mortgage repayments, car loans, job advancement etc etc and they complain about how tough it is without lifting a finger to change anything.

My mothers partner is a business director for a school in Adelaide…[Read more]

Cheers for posting these examples guys. Its great to get an insight into what to look for and where.

:D

Thanks a ton for the advice lads.
To be honest i have not even got my deposit ready yet but im just trying to implement my learning to real life properties. As i have read, looking on the net is an inefficient way to find IPs but its the only resource available. I didnt know about the problems with semi detached and also was unaware it was an ex…[Read more]