Hi everyone,

Thank you so much for the replies. I am still leaning towards the idea of paying the mortgage off and using then a line of credit to take money out for other investments. This way I save money interest wise and the money still available if required.

If anyone else has any more suggestions I would appreciate them.

Thanks for…[Read more]

Hey guys,I just wanted to thank you all once again for taking the time to help out.It is interesting that something that I thought was silly it is not so silly after all, since people may not have good look at it and en up with a different figure depending what approach they take.I wonder how many investors get tricked by overlooking this "silly"…[Read more]

Hey guys thats awesome, Thank you very much.So, monthly rent times 12 and then divided by 52 weeks will give me the average weekly rent.Thank you so much you dont know how long I  was thinking about this and the more I thought of it the more confused I got, Some times you need other people and they will show you the other point of view that…[Read more]

How are u all?I guess what many people are doing is doing renos, getting some capital and then moving into buying properties that are going to give them +cashflow as the LVR  is lower because the are using less borrowed money!Any one agrees with me?Take care.Hope this can help.

So I guess u could call it +cashflow then..may be the way to go is to gain enough capital from renos to start making deals that deliver +cashflow from rent, since finding +cashflow properities are very hard.I may be wrong.. Can anyone give any comments on my thoughts?good luck Baby

Gerry thanks for your post.How many properties per structure would you have, so you are not force to cross-collateralise? I hope this makes sense.creating a structure per property would not be cheap!

So it is better to stay away from cross-collaterasating altogether, right?

Guys thank you very much.It makes sense what you are saying, but then and other question came up, why would someone cross-collateralise if they could do what you guys just told me and it would be safer for them?regards.

Dear Tara,Basically if you dont bring down the principal, you will be paying interest forever without affecting the principal at all. Thats on a Interest loan only.

Mortgage Hunter Thank you very much for taking the time and reply to the post.It sure makes sense and I have to agree with your point of view.Is there any associated risk with doing so?Thank you once again.

Someone has to know something about this guys….please help…lolThanks guys.

Guys It is Awesome to see your points of view.I agree with you about starting with the lower valued properties. from your own experiences, what is about the right mount of money needed for one of the lower value properties?Thanks guys once again,…..Very thankful for all your comments.

Thank you guys for your answers!

I am looking getting into + gearing!

Any Ideas?

Thanks[exhappy]

how are you?

I am 20 years old and i am as well reading as much as I can , and saving like crazy. I already started a small portafolio with the stock market to try to make my money grow faster (it could as well go down, but I KEEP AN EYE ON IT , “MANAGEMENT” as steve call it.)so that way I can move into the property market.

The only thing i have…[Read more]

Hey how are you?

I hope I get picked, lol

“Connections to success”

“Right Solutions”

“Smart Guide”

“Blue Sky” the sky is the limit ……. LOL

I hope this can help….

Bye

Originally posted by giddo:
Sounds like the biggest question is

“Will the value of the property RISE?’

I have no idea, like the others.
Good LUck![evo]

Giddo
http://www.standrewsplace.com.au

KNOWLEDGE IS POWER

Hi to all…

I Dont think the property may rise in value by very much… What i am actually looking for is Positive cash flow…

I think…[Read more]

Additional Informantio…Please Help me….!!!!

Thank you for your answers and i am sorry for the lack of Info i provided.

I am 20 years old and I dont have a Property yet, but i am looking hard to find Positive Cashflow properties here in Australia an it has turn out harder than it looked in the books…..So i have gone outside the box and I…[Read more]

Awsome, thanks guys for your time and for putting it down so well…
I understand how the wrap works but i was not sure if you need it a positive cashflow property to be able to make it work…..

thanks guys…thanks you so much!

Thank you so much for you time! thats now clear in my head.