Cheers for that Simon. Perfect. By the way, how do those Derivex loans work again? Just kidding mate[biggrin].

Cheers

I’d be worried and I’d get a new property manager. Contact a new manager and they should be able to sort it for you.
will

Thanks,
I guess this is all about being flexible and open minded to change your strategy as you learn more or the market changes. I’ve been reading about property investment for 6 months now and what I’ve learnt is invaluable.

I’ve always thought to pay off the PPOR and use this as leverage-I guess that’s something I learnt from Somers. I guess…[Read more]

Thanks for the advice. I guess I can only make the decision when the time comes and options are weighed up. I wanted to stay here in my PPOR (unit) for around 5 years whilst acquiring nuetral/positive IP’s and then hopefully buy my own house with equity. However I can see the potential downside to this ie using equity for non investment. It may…[Read more]

Clayfield, Brisbane.
Will

Thanks all for your advice. Will build up more equity I think and get rid of my CC debt. Will aim for mid year I think. Thanks again.
Will