Hey Drac
I am an older investor who had high hopes and dreams about property when I was your age but all I ever encountered was people who told me that I couldnt do it. It took me a long time and a lot of books, research, seminars and talking to other investors till I had the confidence to do it myself. This forum and site have been invaluable to…[Read more]

Sorry Terry
Still not quite getting it.
Am fine with LOC just didnt get the anagram. But if you didnt pay your interest wouldnt you have to pay a default fee on the loan. Is there a special way to organise this and also you would have to pay it at some point. Have never heard of this and feel that it could be a good strategy to know about if extra…[Read more]

Sorry Terry
Still not quite getting it.
Am fine with LOC just didnt get the anagram. But if you didnt pay your interest wouldnt you have to pay a default fee on the loan. Is there a special way to organise this and also you would have to pay it at some point. Have never heard of this and feel that it could be a good strategy to know about if extra…[Read more]

Terry
Can you please explain capitilizing interest as I have not heard of this term before.
Also when you say to put your rates etc in to your offset and use Loc to pay them – what is LOC?
Am new to this game and as I am in Brisbane and in a similar situation with my IPs I am wanting to explore my options as well.
By the way thanks so much for the…[Read more]

Love nothing better than a few good theories to play around with. This post has given me the most entertaining and informative afternoon I have had in a while.[biggrin]
I have been pondering the answers to a lot of these questions and getting bombarded with the Media Hype and canvassing brokers for a year now.
We have one PPOR ( house) and one IP…[Read more]

ANSWER: It takes only $18.00 an hour to keep me away from my dear wonderful home and family and if I wasnt doing anything about it (setting myself up to retire) Id probably be dead from overwork in about 20 years

QUESTION: If you had to choose a reason other tham making money to be investing in property what would it be?

I live in Woodridge South Brisbane and if any one knows Brisbane they will probably ask why? Hey ya gotta start somewhere[]