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  • Profile photo of willdbcwilldbc
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    @willdbc
    Join Date: 2004
    Post Count: 11
    January 31, 2005 - 1:32 pm

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

    Profile photo of willdbcwilldbc
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    @willdbc
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    Post Count: 11
    January 31, 2005 - 9:55 am

    Cheers

    Profile photo of willdbcwilldbc
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    @willdbc
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    January 12, 2005 - 9:37 am

    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

    Profile photo of willdbcwilldbc
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    @willdbc
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    January 5, 2005 - 11:21 pm

    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 in hindsight I shouldn’t have bought my PPOR. Maybe I should just get the P & I debt down enough to so I can move out, rent somewhere myself and neutrally/+ve gear the proerty so I can free up some cash flow to put into other IP’s. I guess that renovating my PPOR while I’m in it to maximise the rent I can charge shouldn’t be done while it’s my PPOR, I should make it an IP first, then renovate it to get tax benefits on the money borrowed to do this?? Is this right? Thanks for all the help.
    Will

    Profile photo of willdbcwilldbc
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    @willdbc
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    January 4, 2005 - 1:56 pm

    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 be an option that I rent a house?? I’d prefer not to sell the property as it’s in a great area 4km from Bris cdb and the CG potential over time would be great. Time will tell. Thanks for the help.
    Will

    Profile photo of willdbcwilldbc
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    @willdbc
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    January 4, 2005 - 4:24 am

    Clayfield, Brisbane.
    Will

    Profile photo of willdbcwilldbc
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    @willdbc
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    January 3, 2005 - 3:27 pm

    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

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