Hi William
I’m also freezing here in Adelaide. I’m new to this investing so called “game” I have a question to ask you, and you may think I’m a bit thick [] but in regards to using equity as a deposit. How then do you get the funds to purchase the property, How does this work? []
Bernadet
Is there anyting you can to to increace the value of your existing property? Have you asked your tennants if there is anyting you could provide for them that they would be willing to pay more rent to have? How about some fresh paint, fan, heaters, air con, landscaping, stenciled driveway…
To increase your income ask the question “How can I add more value?”
Once you have increaced you’re income you will be able to lower that 95% by paying more off and raising the value of the property.