Joshua was talking about this post:https://www.propertyinvesting.com/forums/community/heads-up/6845Old but ok.If you're not too financially read-up most ppl can also benefit from some non-real estate and mindset aligning books. Rich Dad Poor Dad or the richest man in babylon is a good start.

I hazard a guess – if you have another property receiving rent as income you definitely could as it's part of yoru property investment activities. Anyone knows otherwise?

ten_burner, I'm interested in using StrategicWealth. Would you be able to shed some more light at this?How long have you used them? What did they do for you? How useful have their services/advice been to you? Have ther fees been reasonable/cheap/expensive but value for money?Many thanks.

Agree with KiwiPropertyGuy. I believe you will NOT regret too.If you have enough income to cover another 2% hike in interest, there's no reason to sell. There's a small chance prices will drop after FHOG ends, but the way I see it, there's a bigger chance of them rising in the near future (my personal view is entry level prices will drop just a…[Read more]

This sort of things reminds me of UniLodge on 185 Broadway Sydney. Student accommodation too.My sentiment/observation with this sort of investment is1. You have too little control over what fees they charge and what CB rules they put down2. A lot of people trying to sell at any one time3. Aimed at at best "lazy investors" market (fair enough…[Read more]

I would pay off the personal debt first unless you know for a fact that the property you mentioned is severely under valued (ie too big a bargain to pass up). I personally believe, for a house at this price range (entry level house), if it's in Mel/Syd/Brisbane, the prices are not going to change much over the next 6 months. Just my personal bel…[Read more]

Kennyjaiz,Thank you for your kind comments. Much appreciated.I didn't explain well…With Les Paul's position, I think 3 cashflow neurtral properties is quite attainable, and in doing so he'll make his money work very hard for him while taking a small risk (providing he bought the right property). Wouldn't you agree? Why hold so much equity and…[Read more]

Get an LOC on 80% of your house, buy as many properties as you can with enough equity to break-even (interest expense + rent income = 0, factoring in 2% rate rise). With the equity and cash you probably can buy 3 houses if not more (30% deposit on each). 1. property selection is important – buy only investment grade property2. if you're new to…[Read more]

Congrats! Congrats! Congrats! This must not have been easy!

I believe this is generally a good strategy, assuming you still have a sizeable PPOR loan balance and your regular income can service the loan:1. Pay off as much as you can on your PPOR. 2. Get a LOC against the equity you have on PPOR (your PPOR now has two loans mortgaged on it)3. Use the LOC to fund new IP deposit+cost (so that all of its…[Read more]

It looks like you can do with some trustworthy advice from a professional / experienced investor. Too many unknowns / variables in your description and too much at stake here… Good luck!

Assuming the situation is as simple, I'd get a job first, unless I pursue option 3. A steady income just help so much with future IPs. $30k is not a lot to live on after funding a property. (again assuming situation is as simple)Agent Rep (RE?) job seems quite flexible timewise and is perfect for you to learn about real estate at the same time. Wh…[Read more]