Thanks a million, guys.
I think i will get myself good broker, good buyer’s agent, good conveyancing and tax accountant specialist in property investment.

Oh no. Anyone can upload it here? I missed the chance to buy the magazine. :p

thank a million for your great explanation Michael and Nathan! I appreciate it very much. I read all the books, attend the seminars ( one today – dymphna boholt @syd – great one ) , asking questions and hopefully will get my structure ready for next year.. Please bear with me if i am asking stupid question.. Thanks,Wiwin  

 It is not as simple as other ppl said then..Thanks Terry,      [/quote]Yes, if you are using equity you will have a bigger loan and will be paying more interest.[/quote]

hmm… I am still thinking we still have a lot of cash to maintain it for longer term. because once interest rates going up, the loan payment will going up as well, at that time the rent might not enough to cover it. If we can't cover the payment – we still have to sell the IP. If the prices stagnant or decreasing and no capital gain made – then i…[Read more]

So we were using equity  from the 1st IP for 2nd IP deposit. Bank will increase the bank loan right? isn't it means that we have to pay more loan ? just for example 1st IP bank loan 300K, after 2 years the value increased by 100K, and i used it for deposit 2nd IP, duty stamp etc. I will have 400 K on loan for the 1st IP and another loan for 2nd IP…[Read more]

Thanks Colin…your answer clears up my doubt.I will review my contract agreement and add up some details.    

hi all, regarding rental property damaged, i also have a case of rental property damaged last year at overseas. I have 3 br house rent to tenant. By the end of the lease, i just found out the ceilings are leaking and the tiles also damaged. Not only that, the tenant also drilled the wall and make a hole to put antenna tv cable inside the h…[Read more]

Hi. My name is wiwin. I am looking to buy my first own property and set up my own portfolio so i can retired young and retired rich. However I am really have no clue how to start it here if i don't have millions to start. I have no debt but no cash. Anyone would be kind enough to tell me how much money do i need to save to start it ? Do i have…[Read more]