Recent content by chara79

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    Financial advisor - Mornington Peninsula Vic

    thanks i will look him up,
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    Help to rent IP need PLease

    I think there are too many photos. You can usually tell by 4 maybe 5 if you like it. Too many photos take the maybe out of it. If you show everything there is nothing left to see. By only haveing a few it makes you want to see more. Maybe the main living areas and 1 bedroom. I would also get new...
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    Financial advisor - Mornington Peninsula Vic

    Can anyone recommend a good financial advisor? I am just starting out in ip's and would like to get everything in order first. The ones i have look into are very expensive, it seems they all are. I have read how to find a good one but word of mouth is the best i think.
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    I need a mentor-How can you own lots of houses but neg gear all of them

    thanks rob, your advise is helpful, i am really keen to do this and i am reading all i can to get to my goal.
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    I need a mentor-How can you own lots of houses but neg gear all of them

    thanks Thankyou all for your thoughts/ideas/opinions, I looked up the links and read right through them, possative gearing is not as scary as i thought. I know i have a lot to learn, and it will take a while to get what i want. Thank you for spending some of your time helping others it...
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    I need a mentor-How can you own lots of houses but neg gear all of them

    I dont understand, i am told you need to negative gear investments properties and i agree. I understand you need a lot of them to see the real money what i dont understand is if you negative gear all your properties you would need a very good job to be able to pay the difference (when it...
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    Where is the cash flow- Please help me understand

    Thanks i think i will see an accountant. I have so much to learn i think.
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    Where is the cash flow- Please help me understand

    i have heard that before, but silly me asked the bank and they said that was incorrect. I have just paid 70k off the loan from a sale of our other ip, i knew i should have put it in a term deposit... I finally booked into a finacial advisor for wed so hopefully he can shed some light on...
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    Where is the cash flow- Please help me understand

    Thanks tracey, (and everyone else who has given advise...) as our loan has redraw access and is not an off set account (we can access the money we have paid off but its not a seperate acc from the loan) , is it a good idea to put excess funds in a savings account till next year when we are going...
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    Where is the cash flow- Please help me understand

    marg4000, I have a line of credit with the morg on the ip. (80k at the moment- i could up it to $160 if needed). When we find the house we want to live in (we are planning to move back to Vic) then we will get a new loan for our own home (as we can use a Defence force loan where they pay...
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    Where is the cash flow- Please help me understand

    you both make sense Thanks you both make sense. I think we may have to wait 2 years until we pay a good sum off the house we intend to buy. Or as you said get cheaper ip's. The interest rate cant stay this high for ever it is bound to lower over the next few years, or as you said income should...
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    Where is the cash flow- Please help me understand

    Hi all, I am new to this site but it looks great, I have read a lot of threads but I am still confused. My problem is; I need a mentor, near Waikiki WA. My reason is I understand negative gearing, and I guess positive gearing to some degree. BUT…. I have a rental property which I...
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