Hey Jezza1, welcome to the forum,In my opinion and being a young investor myself (27yrs old, with 5 IPs with my fiance and i still rent) I would definitely go the investment property route as opposed to buying a PPOR my reasons are:1) if you buy and live in the property, it will lower your borrowing capacity for future borrowings(for future IPs…[Read more]

Tip 1) always take digital camera photos(ask first) when looking through a property, so you can refer back to them later when you have seen 8 potential IPs that day…Tip 2) talk to the neighbours, they are a wealth of info and usually more than happy to chat.Tip 3) take a note book and pen it makes you look more professionalTip 4) Money saved…[Read more]

Hi Bacon  A soon to be B..My  fiance and I started buying property end of 06 and now have 5 IP all townhouse and apartments  2 in Hobart(Claremont and Rokeby) 2 in Sydney (Belmore and Darlinghurst) 1 in Brisbane (Kingston) we control 1.2m in property and have a LVR of  75% and have been going for 3yr fixed Interest rates for all of them We are l…[Read more]

Hey Guys,  I agree with Linar, set up a line of credit to help with repayments if your struggling. Your 2.3 million property portfollio will grow more than 30K a yr… I dont believe it will effect you greatly by drawing down 30k  from a line of credit per yrhave a look at a book called "How to achieve wealth for life"its written by Tony Melv…[Read more]

Hey mate,  I was in the same position myself a couple of yrs ago I highly recomendthe web page http://www.businessmall.com.au  it sells a large selection of investment related books, if  you go to the headingproperty investing-general, it will have alot of the books I think your after written by the likes of  Jan sommers, Ed Chan, margaret lomas ect, m…[Read more]