I am sure someone will correct me but couldn’t you use your saved money for the deposit then just set up your loan so all your earnings goes straight into it and then have a line of credit. I believe you have to be careful with your budgeting because its easy to spend more that is going in but that way when your tax bill is due you can pay it f…[Read more]

Hi

This is a rather strange question; I think you have to decide what you want to do. Do you want to be an investor or just live the Australian dream buy a house and kick back until retirement?

When you say CF+ then I assume you know that this means ALL your costs for the year are taken care of. So if you have 5 places and they are all making…[Read more]

Hi

All the answers to your questions are on this thread here mate that has been going for some time keep an eye on it[wink]

https://www.propertyinvesting.com/forum/topic/22689/16.html?sortfield=&sortorder

Originally posted by hb:
atrain

profit $500k….

until i realized….
if only i had diversified……
and bought CBA share’s (safe as houses) instead

profit today….$1.5mil

makes the 500k look dismal

hindsight is a wonderful thing

hb……………..[confused2] Mate you havent even put up a good argument Benny is dead right we could all…[Read more]

Thanks again Derek for your help it is great when you find people who know so much more about this stuff than me and are willing to share their knowledge[biggrin]

To answer your question no I dont have a PM I am looking after them myself I am just going to see how busy I get with it. Like I say I am hoping to target the students I know that there…[Read more]

Originally posted by Derek:
Hi Brad,

Where is your property?

[biggrin] Thanks for the info Derek. This unit is 10 minutes form the city centre of Perth in W.A. The lease is up in August anyway but my plan is to stick a couple of overseas students in there similar to another place I have. Yes this bloke does seem to look after the place and that…[Read more]

Thanks for that mate you make a good point about it being worth it if you are going to loose rent for 2 to 3 weeks anyway.[biggrin]