I can't see another way around unless you have a large cash deposit.

Steve if you are going to release your wrap kit some time soon, or if you have a copy lying around I will buy it.I really want to learn more about wraps, But I don't know where to get some good nuts and bolts infomation

I have been doing a fair bit of research around the northern areas of the central coast nsw (just nroth of sydney). alot of people are starting to feel confident that the flat period is coming to an end, rental yeilds have  growing.I am searching for investments in this region,

Have you raised the rent recently, you way be able to get a bigger cashflow if you raise the rent as the market rent may have increased, also look at managing it yourself for a year or two,Also is you haven't done so allready Pay to get a depreation report done, your may be able to claim back a few years depreation in this years tax return, you'll…[Read more]

I agree you will have to maintain a timber home more, But I wouldn't say no to a good property just because it's timber. 

1997 VT Commodore,….. LPG Converted Offcoarse.

I have spoken to a Broker that said some lender's would lend to a company based on their income provided that they had strong Financel statements for 5years, and did alot of hoop jumping, some Lenders also will lend against the purchase cost of a franchise business you own, normally 40% – 50% but up to 90% in the case of the big franchises like m…[Read more]

To answer your question 'Show me the money"using your example, yes your payments would stay the same if you had $10,000 in an offset account. So you would still have to make your payment of $1000 a month, However because you have your money in the offset account each month you will get charged less interest, so more of your monthly payment will be…[Read more]

Number 30,Nice big block, wide street frontage, can see a nice strip of town houses sloting in there.

Just my Thoughts,The max loan that I would go for would be a 25 year loan, even a 30 year loan is to long, the differance between the monthly repayments  of a 25year loan and a 30 year loan are so minimal, Its not really worth the interest associated with the extended loan term,  you will pay an extra $33,000 dollars in interest per $100,0…[Read more]

All of the strands above offer great advice, All I can say is educate your self, and take action. And remember negative geared property doesn't always have to remain negatively geared, If you can find a property thats been held by a lazy investor for a while where they haven't been increasing the rent, maybe let a bit of basic maintance lapse it c…[Read more]

Interest only loans are definatly a great tool in investers tool belt,If you have any debt what so ever that is not tax deductable, say on personal items such as cars, your own home and stuff like that, why would you want to use even a single dollar to clear debt that is tax deductable until you have cleared all other debt that you can't claim.…[Read more]

If you believe that he has gone out of his my to make this project work for you, and you are really happy with the job I would probally give him a bit extra if only to keep him on side for future projects, try to find out if what he charged was a the lower side.

G'day ALL,   "Update"I have spoken to the council building inspector and a local builder responsible for this area and he has informed me that the most important aspects are that the there will be.   1.       2.4m clearance to the roof ( not including any beams ),    2.     The floor must be elevated from the outside ground level by 300mm,    3. …[Read more]

Look into raising your rent if possible, even if it means changing tenant and offering incentives,think about switching a large portion of your debt on your growth properties to interest only, with an offset account and store any extra repayments in the offset account that way your lowering your interest as the offset account builds up, but the…[Read more]

I just had another thought,does any one know if it would be possible for me to enclose benith and extend out the back a bit so i would end up with two, 2bed units rather than rather than one 4 bed house, keeping in mind the building is timber construction. I wouldn't strata title it I think i would just keep it as one property with two income streams.

You could look at options for capitolisng the interest for a short period,meaning you don't make any payments you just have the interest added on top of the loan so the loan amont is actually getting larger each month. I have never done this though.

HANDY ANDY,look around any inner suburb of any city, units need to be build on land, houses control more land as units creep into the suburbs delvelopers, pay a premium for houses to bulldoze, If your looking for capitol gain you need to invest in some thing that will be come more scarce as the years go by a unit in a 50 story building probally…[Read more]

WEZWAZ,If you don't have an offset account I think you should look at setting one up to store any cash that you don't need right at that moment, it works like this,Say your home loan is $100,000 and you have an offset account linked to it with a habalance of $2000, your $2,000 in the offset account will save you interest on your loan  for every da…[Read more]