Thank you, that makes much more sense.

Cheers,
Matt

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]

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:

-…[Read more]

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]

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]

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]