Hi Jamie,

Thanks – I'm expecting that!
A quick sale at $6-8k commission vs a pittance in comparison as property manager.. I'll try to  keep in mind how much I hated paying stamp duty and LMI to enter the market in the first place

Thank you both for your replies.
I will find out the expenses of selling vs renting. I have a real estate agent coming over on Thursday night to tell us what we could expect to sell or rent for. 

I've been so confused trying to figure out the best way forward, and now I have have a plan.
Thanks again

Hi guys!This is my first post on the forums!Thanks so much for this information, Jamie M. I'd heard that I/O & offset was the only way to go if you wanted to turn your PPOR into an IP, but I couldn't find the information that led to this conculusion, though I'd been searching for it.My fiance and I took out a home loan for our first PPOR November…[Read more]