Steve, Elka,                     Thankyou for your time, i know its in short supply for most of us in current times, maybe even steve??? lol. I have spoken to a realestate agent and am advised that ill be looking at around $420pw to rent my current PPOR. A have taken into account what everyone is saying – this forum, friends etc..- and although…[Read more]

Marc,          That advice sounds a little better than what i was thinking. . I will take that away and see about the figures, either way ill let you know which way it goes.Thanks again, Chris

 Rudolph, Marc,                            Thankyou for your replies, i appreciate it. -If you were to sell you still have to live somewhere and pay rent so the extra $350 + per week disappears with no capital growth.Reference above, sorry mate perhaps i didnt explain myself enough, at the moment we pay $700 per week in mortgage repayments on a h…[Read more]

Hey Rudolph,                         Thankyou for the reply. Yes the reason was to sell my PPOR to make available some cash to invest with. At the moment we are shelling out a mortgage and not realising that capital gain. As for your suggestion this would mean we are paying the repayments on our current loan (approx 380k) plus the extra money borr…[Read more]