PS if you surf through loads of the threads on this website, you will notice one piece of advice keeps getting repeated.  Use Interest Only loans with offset accounts.  Just load all your cash into the offset rather than locking it in the home loan account.  Then, when you want to get another investment property, you have cash readily available in…[Read more]

No worries   Check back in with us if you'd like more ideas on titles

Hi dreamerman.  Welcome!  Firstly property debt is good debt, because property appreciates   You want to gear yourself into that line of thinking for sure.Some suggested reading is discussed here;https://www.propertyinvesting.com/forums/property-investing/help-needed/4330780

Hi dj_siekGood on you for finding out the best means of minimising the noise.I am a person who both owns property, and has rented in several different kinds of apartment buildings, so I have an understanding from both sides of the fence.  Try to remember that all that separates one person from their neighbours in an apartment building is a floor,…[Read more]

Don't sell mate.  Not necessary.  You'll have to pay Capital Gains Tax, solicitors fees….Why don't you just either use the equity in it as deposit for additional properties, or refinance the loan on it to free up cash for additional properties?

Why would you sell it if it is in a high growth area and you'll have it paid off in 3 years?Be aware by the way that once it is cash flow positive, you'll have to pay tax at 30c in every dollar, because you are not currently Australian resident for tax purposes.  So your investment income will be taxed in this manner.  It'd be about that time to e…[Read more]

If you sell, to get back on the property ladder again, you will have to pay stamp duty.  What a waste of money.  You will also have to find a bigger deposit, because property values will have gone up.  And there are the selling costs also (you have to pay the real estate agent and the solicitor).Let's say you do sell.  While you are off the pro…[Read more]

Apartments offer lower capital growth.  It is best to invest in something that sits on its own chunk of land – meaning a freestanding house, or a townhouse (ie something which shares one or two of its sides with a neighbouring property), or a unit (a single-storey flat that has no flats below it or above it).Northcote is probably the most obvious…[Read more]

Ahhh brilliant – thanks matie!

Perhaps buying it under a "Rent to Buy" situation.  Or with vendor finance…

If you can show 2 years worth of tax returns that show that you earned a decent income, the presumption will be that you will likely continue to do so.  In this regard, some banks might be happy to offer you a normal loan.  Try CBA.Otherwise there is a low-doc loan, but they often only put up 60%.

Read this ; https://www.propertyinvesting.com/forums/property-investing/help-needed/4330739

This was discussed on another thread.  I'll try and find it.

No an option fee is not as you described.  You would basically need to say "Sorry, I don't want to buy this land at the moment, but I might in the future.  Will you sell me an option to purchase it later if I feel like it?  My solicitor could do the documentation."  You'll need to research options a bit more and ask a solicitor how much it wou…[Read more]

I am facing a similar dilemma.  Watching this thead with great interest.  It's very nice to know that I could sell up CGT-free and plunge the money into another property, but frankly I see that as having wasted money in stamp duty and legals buying the house in the first place.  Keen to see what others advise you to do.

If you can't get finance, another option is to do a joint venture with someone that has money or the ability to get money.  You'd split the profits with them, but half of $250k is way better than $0.

By the way, if the property happens to make a loss while you away, ask your accountant if you can carry the loss forward and get a tax refund in subsequent years when you return.  Hopefully a non-cash loss can be declared – do you have a depreciation schedule?  If it is a newish place, you absolutely want one.  A surveyor can produce it for you…[Read more]

You will be in the UK earning pounds.  Even though the exchange rate to the Aussie Dollar here is now quite low (1.76), I'm sure you could scratch together the GBP100 or so each fortnight to pay the mortgage and thus hold on to the property.How much would you kick yourself if you sold before the area went up?  Normally an area stays flat for two y…[Read more]

The block next door is available for sale – is it on the open market?  Why is it being sold?  I wonder if you could instead just get an option on it?  Then worry about exercising your right to buy it later?  Maybe a couple of thousand dollars option fee would be enough for the vendor to keep it off the open market for a while?Otherwise, maybe try…[Read more]

No, but would like to have.  Who ran it?