PropertyInvesting.com | jennym | Activity https://www.propertyinvesting.com/members/jennym/activity/ Activity feed for jennym. Mon, 13 Apr 2026 02:43:10 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 fef33e0bb7bfe91e227f454ab6941aaf jennym replied to the topic Using LOC to pay shortfall in the forum Finance https://www.propertyinvesting.com/topic/4390583-using-loc-to-pay-shortfall/#post-4572812 Mon, 27 Aug 2007 23:35:12 +0000 I said we've had no debt for 30+ years, should have been 10+ years as we have owned our PPOR for about 10 or so years and not used the extra income on anything other than living expenses. Mind you, our repayments were only about $96 per month back then :-) We are on average incomes, ie $55K combined, enough to get us by for now even if we put a…[Read more]

]]> 9b49306543919e9d950f0be3d6a809cb jennym replied to the topic Using LOC to pay shortfall in the forum Finance https://www.propertyinvesting.com/topic/4390583-using-loc-to-pay-shortfall/#post-4572809 Mon, 27 Aug 2007 12:49:29 +0000 That was another issue that we hadn't decided on, whether to do a tax variation to increase the cash flow now, or claim it in one hit at the end of the year and put it back into the LOC for future draw downs. Guess it's six of one, half a dozen of the other whichever way we decide to go. I was looking at what would be the best, to use our own cash…[Read more]

]]> 32396aa2217b3a6d2e1d683c59933b43 jennym replied to the topic Using LOC to pay shortfall in the forum Finance https://www.propertyinvesting.com/topic/4390583-using-loc-to-pay-shortfall/#post-4572807 Mon, 27 Aug 2007 12:20:25 +0000 Hi Terry, I understood that this was the way of many investors who are perhaps cash flow restricted, and I'm not sure what you mean by interest on interest?Jenny

]]> 4e34a24e978208ef4b1d149d32baba6c jennym replied to the topic How to start in the forum Help Needed! https://www.propertyinvesting.com/topic/4390513-how-to-start-2/page/2/#post-4572446 Sun, 26 Aug 2007 03:08:25 +0000 Hi Nina, it's never too late and as you are only in your 40s you have plenty of time. We are way past that, my husband is 60, I'm 52 and we only started investing in IPs last year. Bought our first one 12 months ago and have just settled on our 2nd on Friday this time sharing with our eldest daughter.Admittedly we did have our own PPOR, but never…[Read more]

]]> 3c3ac36d684a21c3a9a1cdbdbfce98a4 jennym replied to the topic First Steps to owning an IP in the forum Finance https://www.propertyinvesting.com/topic/4381653-first-steps-to-owning-an-ip/#post-4526053 Sat, 13 Aug 2005 07:15:28 +0000 Thanks Mikala, Simon and Maria for your very important comments. I can see we still have some homework to do and namely getting a valuation on our own home to find out exactly what equity we have.

We only have a couple of brokers in our city so I will endeavour to suss them both out. I believe we don’t have to go with a local broker either and as…[Read more]

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