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	<title>PropertyInvesting.com | Little1nz | Activity</title>
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				<title>Little1nz replied to the topic Novice getting started - help / advice appreciated in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/4995183-novice-getting-started-help-advice-appreciated/#post-4995193</link>
				<pubDate>Thu, 02 Oct 2014 22:54:10 +0000</pubDate>

									<content:encoded><![CDATA[<p>Hi Benny,<br />
Thank you so much for your detailed response.<br />
We have recently purchased the property so the value would not have changed, I think it would be worth $440,000. Minus expenses it would be neutrally geared.<br />
If we have $100,000 equity in this property should we try &amp; borrow against this property to buy another property or wait until we have&hellip;<span class="activity-read-more" id="activity-read-more-299332"><a href="https://www.propertyinvesting.com/topic/4995183-novice-getting-started-help-advice-appreciated/#post-4995193" rel="nofollow">[Read more]</a></span></p>
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				<title>Little1nz started the topic Novice getting started - help / advice appreciated in the forum General Property</title>
				<link>https://www.propertyinvesting.com/topic/4995183-novice-getting-started-help-advice-appreciated/</link>
				<pubDate>Thu, 02 Oct 2014 11:48:43 +0000</pubDate>

									<content:encoded><![CDATA[<p>I have bought my first investment property in queenstown, New Zealand. The house was $440,000 we paid a 100,000 deposit, it&#8217;s rented for $600 per week, repayments for mortgage are $980 per fortnight.<br />
Is this neutrally geared?<br />
Positively heard?<br />
I know the rent covers the mortgage but there are management costs, rates, insurances etc.<br />
Where to from&hellip;<span class="activity-read-more" id="activity-read-more-299319"><a href="https://www.propertyinvesting.com/topic/4995183-novice-getting-started-help-advice-appreciated/" rel="nofollow">[Read more]</a></span></p>
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				<title>Little1nz became a registered member</title>
				<link>https://www.propertyinvesting.com/activity/p/299317/</link>
				<pubDate>Thu, 02 Oct 2014 10:11:56 +0000</pubDate>

				
				
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