Hi Yasmina,

I know what you mean by work, work and more work.
I made my life a little bit easier by changing to a LOC. I don’t have to worry about finding money every time a big bill comes in, and I can pay off my credit card in time as well. But one must make sure they stay savvy with this type of loan.

I have left my story in the “Tell Tale”…[Read more]

Dear foundation thanks for your comments.

If you read the tally it’s only of my investments and it does not include my
home worth $400,000.
If I was to include my home as well the tally would look like this:

Value..1,254,000
Loan…..820,000
rent…….1,075.wkly
LVR…….65 %
This may not be WOW WEE stuff, but concidering the basic wage of a…[Read more]

Hello Steve.
Thank you for haveing this forum available for all of us to use. I have lots of things that I want to discuss with other investors and this is a great way of doing just that. Thanks.

I have three things that I’d like to hear your thoughts on, and they are

1. Useing Mortgage insurance as a means to make your deposit go further. For…[Read more]

[rolleyesanim]I may have given the wrong site addresss. Sorry, try this one.

http://www.barclaymis.com.au

Hi Don and Liz,
Re: Barclay Debt Collectors
No I haven’t made a claim with Barclay, but they have sent out letters of demand to tenants which works very effectively.

When I first started in proprty investing (which was only a few years ago) I couldn’t beleave that we are all insuring our tenants. It should be them taking out insurance incase they…[Read more]

I’m always concerned about the malicious cover that landlords insurance is supose to cover.

On almost all insurance policies that I have read, you are only covered for malicious damage caused by your tenants. I brought this up with westpac and suncorp and they said that is right.

I’ve taken out landlords cover through Terri Scheer which covers…[Read more]

Books, Books and more Books, and a couple seminars, is the key to get into property investing. I’m a baker on a low to medium income with two teenage kids, And I own 7 properties. I have about 45 books on the subject of property investing and most of them I bought from second hand shops like Saint Vinies and Life line and paid only 50c. to $2.00…[Read more]

I also use Barclay, but only for my houses and use Terri Scheer for my Strata Titles.
The reason being is that Barclay is a debt coll[suave2]ecting service and not an insurance company. Barclay can’t offer public liability insurance for your property, but if you have building insurance you are covered. Your Body Corp. Building insurance does not…[Read more]