renel replied to the topic Can’t seem to crack first IP…maybe call in the pro’s? in the forum Help Needed! 12 years, 4 months ago
Picking good rental return properties is easy. I have a big excel sheet i created to do that. Plus i think its common sense when picking a location other people are likely to want to live. Its the capital growth that is a big mystery to me. Almost like buying a lotto ticket!
renel replied to the topic Always Interest Only loan for Investment Properties? in the forum Finance 12 years, 5 months ago
How can it be the same outcome when you are giving the banks an extra few years of interest payments….or are you saying that becuase the tennant is covering the IO payments thats why your not worse off…?
renel replied to the topic how to assess if a subdivision deal is worth going for or not? in the forum Value Adding 12 years, 5 months ago
When subdividing, would you be better off just selling the new block, or building first? Considering the time it takes to build, and the $ of the building loan…
renel replied to the topic Always Interest Only loan for Investment Properties? in the forum I actually remember coming 12 years, 5 months ago
I actually remember coming across this last week on one of my many hunts for information. The article relates alot to PPOR, of which we do not have (living rent free in a family home – alone!).Also, is it just assumed by all discussing IO that it will only be for 5 or 10 years, After which you start paying P&I? Or are people doing IO for longer…[Read more]
renel replied to the topic Features of Investment loan in the forum Finance 12 years, 5 months ago
So what your saying is that you are paying for the advice and guidance (as opposed to thinking about lining the big 4's pockets!)
renel replied to the topic Good deal? in the forum Help Needed! 12 years, 5 months ago
Does anyone else agree with wren10 { unless the rental return (pw) is equal to the purchase price (minus the zeros) }?That would be 5.2% gross. Is that a good figure to aim for? What about net %?
renel replied to the topic Finding a tenant for a House- Fee for Service Basis in the forum How do you advertise for 12 years, 5 months ago
How do you advertise for tennants? The main websites only take listings from agents…