I use Terry Scheer too, I did get a cheaper quote one time from my car insurance company but comparing all the features, I decided to leave it with Terry Scheer cuz they specialise in land lords insurance, of course I alway get a requote every year to make sure i'm getting the best value for $

Thanks Michael & Jamie,I shall look into AMP, currently all 4 of my properties are sub %80 LVR have approx $5-600k in equity and about $100k in liquid funds. I actually have read your blog Jaime very helpful.1. Remove/reduce credit card debts I own $0 on my CC 2. Consolidate debt Have no debt except my IP loans and PPOR 3. Restructure current…[Read more]

Stuck on the serviceability issue, my broker reckons I'm pretty much leveraged to the max, (maybe need a new borker I have 3 IP's and my PPOR, I want to get into CP+ properties in the mining ports Karratha, Port Hedland ect but servicing the loans would be an issue with the banks.Having read much material on using equity after your IP has…[Read more]

Don't forget to check on the fee's charged for the setup and ongoing account keeping fees. Some charge and some don't, I was in the process of setting up an offset on my PPOR till I saw the charges so I asked the question and researched a bit more and in the end there was no charge to have excess $$ in the mortgage account offsetting interest and…[Read more]

* Wealth Magic by Peter Spann – like YI above it was very motivational, not much strategies or tools but had me out of my place and back home for a while, while searching for a second IP.Currently reading Steve's first book which has changed my view on the buy and hold strategy, looking forward to getting onto his second book.

I wouldn't use funds in your loan, the PC can be claimed as a business expense if used solely for business of investing or a percentage depending on how much is business vs personal = too much hassle in my books.if you're in the market for a new computer don't listen to the sales man and pay for the flash shiny one with all the bells and whistles.…[Read more]