Recent content by Colossus

Thanks for your insights guys! so it's Dean Park hands down... and good point there komstak. I didn't know about that development.

Hi tess85.. All of the above! Basically the whole shebang when deciding on a good purchase.. just want to see what ppl think about these 2 suburbs if they are going to choose where to get an IP. Any comments are greatly appreciated.

Hi Guys, Just a quick Q: which one would you prefer to buy an IP.. Dean Park or Shalvey? Thanks!

Thanks JO! Actually no other debt.. that's why I estimated that we can put in $6k additional monthly repayment on the PPOR. I'm hoping to purchase the next IP about 1.5-2yrs from now.

Thanks for correcting me Andrew.. your right it should be Option B

I'll go for Option A; I think more people look for more bedrooms. And you can renovate it next time when you have the cash but if it's a 1 bedroom unit you can't add another bedroom right? ;)

Hi rolf, thanks! and yeah it's high.. :( as for the incomes I earn $130k/yr and my wife earns $50k/yr. We're DINKs (at least for another year) that's why we're keen to pay off as much as we can to have a better LVR. The IP is 90%-10% to maximise tax deductions on my part. I estimate...

Hi, it’s my first time to post here but been visiting a while and find this forum very informative. I’m also a noob investor and would like to get opinions from experienced investors on when you think I can purchase another IP. Here are some details on my current situation: • PPOR – estimated...