You are heading down the right path, pay off the homeloan first and only pay the interest in the investment property.It is the tax deductable one, When the interest only period is up, put it back as interest only.Did you find an accountant?mr463

Lambchop

I have been investing in Albury and Wodonga, it is worth thinking of the place as a whole ie with a population of 100,000 people approx. The places dont increase in prices like capital cities however the costs are close to covering expenses.ie lower capital appreciation but higher rental return

You can pick up a brand new 4 bedroom…[Read more]

LambchopI have been investing in Albury and Wodonga, it is worth thinking of the place as a whole ie with a population of 100,000 people approx. The places dont increase in prices like capital cities however the costs are close to covering expenses.ie lower capital appreciation but higher rental returnYou can pick up a brand new 4 bedroom house…[Read more]

BrainI am also located in Albury Wodonga, with investment properties in this area. The only info avliable that I am aware of is on the Fisher Murphy valuers website. It was free last time I looked.Cheers 463