Honestly, this is excellent advice. Owning your own home at retirement cannot be overstated as priority number 1. The sooner you purchase it the...
Long story short, your broker will get paid about a $15k commission if you go through these H&L 'Buyer's Agents'. They are sales people for...
It's going to depend completely on your overall borrowing capacity whether you can keep your existing home as an INV or not. You can use equity...
At the same time, it interests me that people aren't willing to spend $6k investing in their own knowledge and education, but don't hesitate to...
I don't think anything is worth $7M in Mandurah. No matter how good the house is, it's still Mandurah.
Use your $50k to debt recycle your OO loan. Don't pay down an investment with cash.
It sure will need upgrading. Good size block though, and nothing a truck load of white paint wouldn't fix.
I did a post about this recently - very relevant, check it out :) This is why the 10 property portfolio dream is out of reach.
Any broker that is selling you H&L packages is making about $15k off the purchase. Massive red flag for me. Ask him how much his commission is...
If your goal is to sell the duplexes, my first step would be to get them on IO payments - this will immediately improve your cashflow and may mean...
If you're after cashflow, you need to consider how much you can pay off those houses in 7 years. What's the starting cashflow? And how will you...
Haha yes Qld - we're in Buderim now!
If you're buying a property now with the view to knock it down and rebuild really shortly, your broker should be putting you with the right lender...
It was beautiful, we loved living there! But now we're in the rainforest, which I love even more. And still only 10 mins from the beach which is...
Personally I'd restructure so you've got the investment loan interest only - that will allow you to maximise deductions and keep saving cash...
Personally I'd forget about the 10 year away reno for now. If you have cash you're willing to invest, you could debt recycle it into an INV...
Yes it was :) Thank you!
Welcoem to the forum! You need a better broker - yours seems to be an order taker rather than someone with actual knowledge. You'll want to pay...
First off, is your PPOR going to stay as that long term? If so, debt recycle that loan so it's deductible. Speak to a good broker about what's...
Berlin is number 3 in the Money Heist series, they're all fabulous. I'm not a TV person but these are great.
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