sorry for the delay in responding. We were told it was too rent reliant. How does one get around this?
I’d love to leave my job and become a full time property investor. But just don’t know how to proceed.
Hi Property Investors.
I recently tried to refinance a loan to complete some renovations and was knocked back as my ratio of rental income exceeds my salary. We are currently getting approx 120K in rental income, portfolio is roughly $2.5 with approx 350k in loans. I would love to start looking at another property using the equity we have but…[Read more]
I know you have posted that you chose a company to do it but thought I would reply in case others needed help.
I have used both Kaboodle and Ikea for kitchens, Where possible I would go back to IKEA.
I am looking into buying a block of 6, 2bed units which currently operate under a torrens title. I am trying to investigate to cost of insurance and am coming up blank. If someone could please point me in the right direction. Am I looking for torrens title building insurance or is it called something else?
Appreciate your help.
I am an everyday investor with a 4 properties. We are about to sell a house in Sydney as we have moved rural. We expect to make a large profit and from my research we should be exempt from capital gains with the 6 year rule. ( purchased 2014, moved out 2018 and has been leased for 12 months and selling as we have no plans to return). I have…[Read more]