Hi lukeI think there is a general misunderstanding with the EXAMPLE i gave of my parents. Like I said I used those figures simply as an example and I am in no way, shape or form expecting to make the kind of profit they did. the only point reason i used that example was to ask generally weather land and house packages are more profitable than…[Read more]

Hi Derekthank you again for the ever so wise words and advice. I always seem to learn a lot whenever I read a post from you. With regards to starting I am just learning that interest is tax deductible if land is bought with intention for an IP. just wanted to know your opinion if you think its smarter to make your first property buy a PPOR or…[Read more]

Hi Derek,Thanks for your reply. I know my mind is all over the place because I'm just like that, I like to find out everything about something that I'm interested in and learning new things just fascinates me and its just the fact that I don't have much experience with properties. Paying off the bank loan is definately no issue. Me and cousin are…[Read more]