Hi investors,

I was wondering how you guys got started. Did you pay off your first house before investing in another? I seems difficult not to negative gear your second property if you don’t have much cashflow. Any suggestions? []

Hi Everyone,
Great to read some SA messages! My partner and I have just bought our first home. A 2br unit in Klemzig for $160,000. Would it be best to knuckle down and pay that joint off before investing in something else? Or I was thinking of getting the loan down to about $70,000, refinance and then rent it out and get some positive cash flow…[Read more]

Thanks everyone for your advice.

I’ve decided to stay where I am renting, and saving a deposit. It’s cheaper. Now is probably not a good time to buy with the end of the housing boom in site anyway. So, best to hold off for a couple of years, save up a decent deposit and then scout for a house that people have to sell once the interest rates go…[Read more]