Total Members: 158,385

PeterCav

  • PeterCav replied to the topic Some sound advice please in the forum General Property 18 years, 11 months ago

    Hmmm, I’ve thought of shares, but know nothing about them and isn’t there a lot greater risk?

  • PeterCav replied to the topic Some sound advice please in the forum General Property 18 years, 11 months ago

    Thanx Luci, that was excellent advice.

  • PeterCav replied to the topic Some sound advice please in the forum General Property 18 years, 11 months ago

    Ok, I’m offically confused.

    1. I know i’ve missed the property boom, so thanx for reminding me.
    2. I am on a low income and don’t have masses amounts of money to pour into funds of any kind.
    3. That’s why an investment property sounds good because the rentor helps pay it off.
    4. There is no other way I can see of owning our own home unless I have…[Read more]

  • PeterCav replied to the topic Some sound advice please in the forum General Property 18 years, 11 months ago

    Originally posted by Qlds007:

    As the debt reduces use the built up equity in the property to purchase again or by using an offset account utilse the acrued funds as a deposit for your own property.

    Thanx Richard, This is what it’s all about for us. The property boom in Brisbane blew our chances of getting in a home (as well as the change of…[Read more]

  • PeterCav replied to the topic Some sound advice please in the forum General Property 18 years, 11 months ago

    I realise this, but also know that it’s a good way to achieve property without outlaying a lot of money. I know I won’t be making a lot of money but would you say that it would be a stable investment?

PeterCav

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