Hey Ben and Everyone,
That does actually sound like a pretty smart strategy about increasing the value and therefore gaining equity. I didn’t really think about it like that! The only problem is I’m sort of looking for a property where I can set and forget it as I’m likely to buy at a place that will be a fair travel distance away so would make it…[Read more]

But wouldn’t I be building equity effortlessly if a tenant is paying the mortgage of a place off, whilst I am still saving my own money in an effort to get a second IP asap, eventually doubling, tripling, quadrupling etc the more that are bought and paid off over time. The only thing that worries me about flipping property is Property gains tax,…[Read more]

Hey Guys,

Thanks for the insight and reply. I really appreciate ANY feedback. I should have said earlier, I have been looking at investing in rural areas where the prices are cheaper. I’m not looking at a palace straight up, just something that would hopefully be positively geared (I know, easier said than done and what everyone is always looking…[Read more]