Hi Joe,To make the most out of this, you would need to do a lot of work yourself.  Be careful about the romantic lure of renovating though – you get over it really quickly!!  The extent of the rennovation really does depend on the state of things.  Go ahead a take photos, I can't see why the agent should mind?  Then post them, get some ideas and…[Read more]

Luke is pretty spot on here.Don't pay down the property if you plan to use it as an investment as you will then have very little to claim and the rent will increase your taxable income – this may or may not be a problem.  Interest only is the way to go with this one, then focus on paying down your new PPOR.  An offset account is a great idea as i…[Read more]