Thank you, Mel.
Yes, I do think paying off my PPOR ASAP is the priority.
This way I get rid off non-deductible loan.
I most certainly will use a managing agent, as I have heard too many tennants from hell stories.
However, the secret of myself being an owner next door may leak out even with employing an agent.
Still, this may come out lot later, and I may be moved out by then anyway.
Tomorrow I will do my due diligence and check out
the rents for similar properties.
As for the TV show, no it isn’t the Block but a combination of the Block and Big Brother.
It is named the “Hothouse”.
Starts in February this year.
Yes, I wish I had a crystal ball,hehehe…
I will monitor the situation closely.
In the mean time I’ve ordered a whole stack of books and hit the net.
As I said it is a new game to me.
So far I did well with capital growth returns. Had good results.
Now I am in the process of learning new strategies.
And learning a new market/s since moving from Sydney.
I agree that diversification is important.
I will monitor my local situation.
Thank you Mel for taking your time to reply to me.
Cheers,
Freedom.
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