Hi JUMBO (David), You’re unreal!!!

Thanks for the great advice. Yes, I have heard from an agent down there that the good properties are being snapped up within a couple of hours. Now I believe him.

I really appreciate your tips on suburbs too, especially the ones to steer clear of.

If you don’t mind, I’d love to have a chat with a reputable…[Read more]

Hello Felicity & 4Walls husband,

Thanks for the insight into the way you are operating. I can see now that it is not black & white !! It all depends on your circumstances. I think that until I get started in wrapping, I will make my loans P & I. My returns may not look as great on paper, but I can see that my debt is reducing. With the…[Read more]

Thanks JUMBO,

I get your point, it does seem to make good sense to reduce the loan, otherwise it can seem at times like you are not achieving much.
Thanks,
WIL AN DEL

quote:
Hi there Wilandel.

I am of the opinion that an interest only loan is viable if you are looking to sell the property in the near future to get a capital gain. For instance i would get interest only if i were going to buy a property and do it up and sell it for a capital gain.

If my objective was for positive cash flow i would take out a…

[Read more]

quote:
hi there!
I
Did anybody tape sixty minutes the other night?
I am desperately interested to see it and can’t believe I missed it. I would pay for a copy (let me know how much you’d want!) or, I could either borrow the vid, watch it and send it back….
cheers-
Barb

Barb,
I watched it, and got inspired. Sorry couldn’t find a video in time,…[Read more]

quote:
hi there!
I
Did anybody tape sixty minutes the other night?
I am desperately interested to see it and can’t believe I missed it. I would pay for a copy (let me know how much you’d want!) or, I could either borrow the vid, watch it and send it back….
cheers-
Barb