Hi everyone, I am currently looking into buying my first IP however am not confident enough with calculations to ensure the property will be positive cashflow.
I was wondering how people calculate this? For example how much do you allocate to maintenance,rates, agents fees. What other costs are there that need to be considered.
Without being…[Read more]
Hi, I am fairly new here and trying to do all my research before buying my first IP.
I’m looking into some properties and some suburbs and believe I can find some positive cashflow properties.
My concern is that these properties are positive with the current interest rate. However, if this goes up the properties may become negatively geared. I…[Read more]
I have only just started to some research into property investment and am trying to understand as much as possible before I go looking for some property’s.
I wanted to ask which are people using – interest only or interest and principal? What are the pro’s and con’s of each.
I’ve spoken to several different people who are…[Read more]
Hi, I’ve almost finished reading Steve’s first book. I’ve done a little research and believe I have found some properties that would be positively geared. I haven’t spoken to my accountant yet but like the idea of opening trust to borrow money.
I was wondering how it is that people are able to buy multiple properties? After spending the deposit…[Read more]