Hi Investor101,

each state has its own regulated forms which are free to use. In regards to property management, if you are not confident in doing it yourself (I certainly don’t) I suggest you pay for professional management. By using an experience property manager you reduce your risk of poor tenants/property damage/unpaid rent etc. As an…[Read more]

Hi Steven,

I totally agree that for those people starting out on their investment journey it can be overwhelming the amount of information/strategies available. When I started out I read forums like this one and took particular notice of topics and threads that were specific to my needs/goals and experiences. Everyone has a different story and…[Read more]

Hi Dean,

There are some great options out there for investors especially if you are below 80% LVR. As Jamie mentioned before it always pays to ask your current lender for a better rate but in the current climate you may not like what you hear.

If your bank can’t help you out I suggest you use a mortgage broker that specializes in investment…[Read more]

Hi Steven,

the reason that it suits many investors to pay IO is to reduce the monthly holding costs and ensure all outgoings are 100% tax deductible (principal payments are not tax deductible). If at the end of the 5 year IO period your lender will not extend (I know some of the larger banks are not extending at the moment due to the APRA…[Read more]

Hi Heather,

its great to see you are planning for the future…..so many don’t!

Before drilling down for a location, I suggest you define your goals/priorities (rental cash flow, strong capital growth etc). Once you have a plan of what you want to achieve and over what time frame you are looking to invest you can start to look at different…[Read more]

Hi Steven,

it sounds like the $50k you may spend renovating would be a capital cost and apportioned to your depreciation schedule. A small part of it may be able to be deducted in the first year but b=very unlikely the entire $50k.

Also on the dual occupancy dwellings, if hopefully making a few extra dollars each week is your investment strategy…[Read more]