mpgloss replied to the topic Offsets accounts in the forum Help Needed! 19 years, 10 months ago
thanks guys, this forum provides such a great oppurtunity for learning.
mpgloss replied to the topic Help needed in getting started with investing in the forum Help Needed! 19 years, 10 months ago
Hi techhouse,
I’m in the exact same position as you with the same questions. I’ve been doing my initial reasearch on websites like http://www.realestate.com.au to suss out areas est. populations what rent people are paying and what amount these type of properties are going for.
My problem is, I would love some people on theforum to maybe list a few…[Read more]
mpgloss replied to the topic Offsets accounts in the forum Help Needed! 19 years, 10 months ago
hi all,
Please feel free to correct me as I do not know all the ins and out of an offset account, but I learnt this information a my prior work.
Can you have your pay and rental incomes paid directly into your offset account, thus reducing the daily loan amount that the compounding interest rate is worked off.
With this method all your every…[Read more]