Recent content by Glam888

Hi Ya I was hoping someone can shed some light here. I see these two types of loans as being similar but really what is the real difference and benefit? This topic has probably been done to death but i'm struggling to know why I should change from a VLOC to 100%offset? Which loan...

Thanks Jo and to all the others for their valuable input. Thanks for reasuuring me that I'm on the right track and in a good position moving forward, investing and building knowledge. I like the 60% LVR strategy, being conservative one step at a time. Cheers Glam

Hi ya Thanks for any replies in advance. Don't worry about answering. I did some quick research and found I can set it up quite easily.

Hiya Thanks for all your help with the other thread I posted earlier today. Just been researching the 100% offset stuff. Didn't know anything about it and now I know a little more. Early this year I set up a LOC accout on my IP ready to withdraw when I found my PPOR to buy. Now...

Thanks for you help Silversands. I'll have a look here soon for offset. Just picked up my daughter want to spend some Q time with her. B back soon!

Thanks Rixter for your comments. I really really enjoy your posts !!! Hi Properunity, please excuse the spelling mistakes my mind is racing but fingers can't keep up.

cheers poper.....that's right each to their own. As long as the goals are to retire on passive income and how you get there are many.

If you decide to retain the existing IP make sure you have a 100% offset account linked to this. I'm not familiar with this account. Please explain how it works?

And when you get to the future you're to bloody old. I'm not saying go and spend but to enjoy and live in a bit in luxury like you deserve it makes the body mind and soul balanced. At peace. Waiting for the end game is fine but I want to live with dignity, have a place where I love to call home...

c'on guys remeber to live in the present. You can plam for the future but enjoy the moment. What happens if you die tomorrow? Remember long time dead

Sorry Proper but I disagree with you. A $450,000 PPOR is not expensive. It's a little bit of luxury to enjoy today. I believe I can still use the equity i have in this PPOR and IP to buy other IP's and achieve a great passive income when I retire. Why not enjoy a little on the way. When your...

Your saying sell my PPOR. Rent then?

hi WillG Im in my late 30's. Am interested really in Capital growth and into long term holdings. Any suggestion who would be the best people to see. Broker or FP?

Thanks want2bewealthy. That's where I'm stuck. Any recommendations to meet a champion top bloke/women broker?

Hi friends of PIF. Would love to hear how others presented with this portfolio would invest to buy more IP's. Case Study PPOR - Worth $450,000 No Mortgage Ist IP Worth $800,000 Rental income $32,000 Loan $300,000 @ 5.04% LVR 37.5% Regards, Glamm888