All Topics / Help Needed! / Pay off PPOR first or start looking for IPs

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  • Profile photo of WauloKWauloK
    Member
    @waulok
    Join Date: 2003
    Post Count: 29
    November 26, 2004 - 4:13 am

    Now that I have almost got my PPOR (waiting for the bank) what should be my next step and when?

    * Put all possible cash into the offset account and pay off the home ASAP

    * Start saving money in the offset account and get enough saved to start purchasing IPs

    * Something else?

    Hopeful, keen and learning

    Profile photo of calvin_thirty4calvin_thirty4
    Participant
    @calvin_thirty4
    Join Date: 2004
    Post Count: 556
    November 26, 2004 - 6:34 am

    Hi Waulok,
    try reading the following thread for some ideas:
    https://www.propertyinvesting.com/forum/topic/14076.html
    there are as many different options to the investing (dare I say it) ‘game’ that you really need to look back thru the posts and see what you can identify with! I know I did and as you procede on your journey of investments, your goal posts will change! Mine have, a lot. But do look thru the old posts (I know it looks daunting) but you;ll get more and more info and your questions change from the broad (where are the CF+ properties?) to far more refined (what is hte difference between paying off the PPOR and not investing to investing asap), just as an example.
    I have spent many hours reading and then asking more refined Qs (hopefully). Give it a go!

    Cheers

    C@34

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