We did just what you have done.  Lived in a flat, renovated it , remortaged  and then moved out and rented it.    It wasn't a deliberate policy, but came about due to an unexpected relocaction interstate.  However, we just rented the place out and  claimed the Interest portion of the mortgage as expenses..  One tip.(that caught me out.)  When y…[Read more]

I needed to do this and the only way was to remortgage the house. My existing building society wouldn’t touch me as I no longer earnt pounds (having moved to Austrlaia) , so I had to go to another lender and becuase I was now living in Australia I had to get an ex-pat loan. Then all I had to do was prove an income. However, I still managed to get…[Read more]

I would also be interested in having a look at this (though I may be a bit late in the queue !!!)

Please E-mail [email protected]

Thanks in advance.

Sounds like fits with the 11 sec rule.

130/2 * 1000 = $65,000

I know people are pretty keen to find such properties (might be an understatement !!). Have you thought about offering it for a finders fee ? That could go towards the deposit for the next one you find !!

Look at

http://www.simplesavingsecrets.com.au/

The problem is you have to pay to belong – 1 year membership is $27 !!
They do have some free stuff though.

I have to admit that I don’t belong to it so can’t personally recommend it – I just came across it the other day.

In the interest of a balanced view I am not saying the course itself is bad. Just expensive and I just hate the hard sell that seems to come with it.

I have also met people who have had a huge amount of success following HK’s strategies. One is a multi-millionaire just 18 months after doing the course – the 15K course fee has been paid back a 100…[Read more]

I have recently done the NII course and am pretty torn as to whether it was a good thing or not. It certainly teaches you many new (well new to me at least) ideas and at least I have now got the mindset to start investing in earnest. Before it was just vague ideas with no action. However, I just HATE the way most things with NII turn out to be a…[Read more]