Forum Replies Created
Thanks Bluegrass
Thats the path Im going down at present…..
Sorry Jaffasoft
is that a question or a suggestion ??
Thanks for your reply,
We have spoken to Krslovic, but unfortunately they don't build on the Central Coast……
Hi Coastymike
Thanks for your reply
Ill have a look at your websiteSnowball
Thanks very much Steven,
I now need to give it all some serious thought.
Snowball
Thanks everyone for your input,
I guess my ultimate goal is to be financially independent and I would like to start setting things up to have a serious go at becoming a full time investor. So my apprentice investor mind tells me to reduce a PPOR mortgage, when I have 1 IP with a net loss of 2,000 per year, but a 100K capital gain. An yes your right I definitely not an accountant !!
Im not sure that my Unit is going to appreciate in leaps and bounds over the next year or so, and Im thinking I would take more risks investing, if I had a 100K mortgage.
Steve I like the sound of some of your options and I think its probably worth running it by the bank manager
Much Appreciated
SnowballThanks very much for the reply Steven, My LOC is just for my PPOR and daily living expenses, currently not enough credit on it to invest with. I owe 140K on my IP, its current value is approx 240-260K
Hope that helps
SnowballThanks very much Steve,
Can’t wait to start reading.
Very grateful
SnowballFirstly thanks Westan, for your reply, good luck with getting your wife to the US.
I guess my way of thinking is I have a mortgage of just below 200k but a good wage to supplement that. I have 1 X IP that basically looks after itself. I don’t want to wait another 5 years for my mortgage to go down further, Im prepared to start investing but feel I need some good returns to kick me off and I guess give me a small safety net. That is why Im thinking of looking Overseas to get those returns, but as you all say, there are some bargains still here, and I will keep looking. Im very determined to make a start.
Snowball
I have heard a lot of positive feedback about investing in the USA, would there be more opportunity there then in NZ ??
Snowball
Thanks very much Phil,
Your absolutely right, that is exactly what I was doing, told you I was new at this.
Much appreciated
Snowball