Great post Player. Thank you. Yes, it's disappointing, isn't it? I was bought up on the mantra that you buy as many properties as you can afford,...
Great question, and one that is rarely covered in podcast land. How to convert your equity to an income. I always thought it seemed a bit lame...
Interesting post. We built a GF for $140k, renting at $340pw and put $140k in VHY, Vanguard dividend ETF. Pretty similar income. Just waiting for...
This is a wise statement. Our running costs run at 35% of rental income on average over 6 properties. (excluding interest payments). Gross yield...
EXACTLY where we are at.
Thanks everyone, awesome stuff. Very enjoyable reading. Interesting topic that swirls around my brainage. It came about as I discussed with the...
I bought a property for $350k, (Loan is $350k) rent at $380pw. So a yield of 5.64%. As the years have rolled on, the property is now doubled to...
This is the most fascinating question and not one covered very much, when to sell. Everyone wants the top, but more likely is to take the chunk in...
I bought a house in Kallangur in 2020 for $350k and was looking to do a quick turnaround project. I'm going to hold now through 2021 as I learned...
You have be patient with property. I bought a house in Narangba in 2016 for $371k. Nothing was happening and then it goes nowhere for 5 years. You...
I bought a 3 brm house in Waterford West in 2016 for $331k. Suburb flatlined since then. Worth $350k now. Rents at $360pw. Put a 2brm Granny Flat...
I bought a 4x2 house at Upper Coomera for $358k in 2014. Jumped to $420k straight away, then sat there until the pandemic. 6 years of zero growth....
I followed this up. The easiest way to find out was simply to log onto their website and click on loan details. It had two separate columns, one...
Thanks. I'll find out for sure. Just that a mate said to me, "Don't forget, you are fixing your interest rate for that period, not the interest...
Thank you for this thread mortgage brokers, very helpful. I bought on the Gold Coast in 2014 so the IO expires in 2019. However in 2016 I fixed...
Good to read this, we're moving there from the Snowy Mountains at the end of the year. I just bought in Belmont yesterday, the school is a big...
I hit Geelong on the weekend with a fistful of dollars and bid at 4 auctions. 15 Porter Ave which the building report showed was well cracked went...
Hey David, thanks for the interest. Yep have borrowed more money from the bank. First time I've ever had non investment debt. "Can I have $40,000...
Nice idea, but we have our home loan down to $70k and the banks will portage it across as long as we find a security within 12 months and the LVR...
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