Matt replied to the topic Question on vacancy rates in the forum General Property 10 years, 10 months ago
Hi Benny,
Thank you, that makes much more sense.
Cheers,
MattMatt started the topic Question on vacancy rates in the forum General Property 10 years, 10 months ago
Hi All,
Probably a very basic question, however I’ve struggled to find a definitive answer on the internet that I’m comfortable with. I understand that vacancy rates are the measurement of time where a rental is vacant, however, I’ve noticed its measured in a percentage. In my first example, I’m using Glendalough, Western Australia 6016 on the…[Read more]
Matt replied to the topic P and I loan in the forum Legal & Accounting 10 years, 10 months ago
Hi Jamie,
I might have an interesting question for you.
I’m looking at my first propert ever and I’m targeting positive cash flow however because I only have 5% of the deposit together, right now even on interest only if I’m lucky I’ll make maybe 30ish bucks a month (depending on the ROI on the property). So I’ve been throwing the idea of:
Matt replied to the topic 24 year old first property in the forum General Property 10 years, 10 months ago
Hi JacM,
Thank you for your response.
Regarding your view on the large complex, if the flat is renovated with a newer kitchen etc, would this be more advantageous in your opinion if you were searching for a tenant?When it comes to looking for a suburb to look in, so there an industry technique or standard that good investors tend to use to find…[Read more]
Matt replied to the topic 24 year old first property in the forum General Property 10 years, 10 months ago
Hi Benny,
Thank you for your response. The reason why I’m thinking of paying Principle and Interest is because I want to have an LVR of 80%, then change to interest only. As a result, the repayments will be lower and the rent will be higher then creating positive cashflow. If I do pay the principle of in addition to the interest, am I able to…[Read more]
Matt started the topic 24 year old first property in the forum General Property 10 years, 10 months ago
Hi All,
I currently live in Western Australia. I have managed to get together a 20k deposit and I’m looking to invest. My long term goal is to one day replace my income so I can either retire early or work because I want to, not because I need to. My current salary is just over 60k
I’m currently reading from 0 – 130 Properties in 3.5 years by…[Read more]
Matt‘s profile was updated 10 years, 10 months ago
Matt became a registered member 10 years, 11 months ago



