thanks lizzy your input has been very insiteful
i can only hope one day that it will all fall into place and our futures will be assured
thanks again to everyone

when i first stated reading books on investing i thought it was going to be so simple
buy a house rent it out done!
what a fool!
from all that i have heard from those who have responded to the forum i almost feel like crawling back under the covers!
why is it when ever you mention to others what your are thinking or planning they get that look on…[Read more]

have you considered building two side by side (adjoining roof) your block would be large enough, you would probably need to charge less in rent but you would be getting double and the cost fo building should not be alot more

thanks for all the interesting posts
how ever i think hubby and i will keep saving so we have more money to put into an IP later in the year maybe next.

i may be young and want every thing now but what is wrong with that?
my hubby and i have worked damn hard for every thing we have, we werent helped out from our parents(cause they couldnt afford it).
we want to be able to retire comfortably and the sooner we start the quicker we will be able to achieve our dreams.
just because we havent passed 30…[Read more]

we need two cars one for me to ferry the kids to and from kindy and school and the other for hubby to get to work
i have a 97 vt calais and tha man has a 86 vl calais which believe it or not is worth more than mine
but we will never again borrow money to buy cars
inlaws just bought two brand new cars and they depreciated in value by 5% as soon as…[Read more]

i live in south aus
my loan value is 152k and the house value is 160k but we have about 8k left (we just consolidated to 144)
my mortgage broker told me i would be better off concentrating on doing up this house and paying down the loan to increase the equity and buy then
the house we are looking at needs a lot of work but is on a large block…[Read more]

how does this apply in a town(rural city) ?
there would be no way any one here in murray bridge S.A. would pay so much for rent.
we’d be lucky to rent a 140k house for $180 a week
[cowboy2]