Total Members: 159,196

VladDrak

  • VladDrak replied to the topic investors in SA inroduction in the forum General Property 21 years, 1 month ago

    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? [8)]

  • VladDrak replied to the topic Anyone here from SA? in the forum Opinionated! 21 years, 1 month ago

    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]

  • VladDrak replied to the topic buying a rental whilst renting in the forum No Subject 21 years, 10 months ago

    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]

VladDrak

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