Recent content by Infest

No, all is good in that department. Probably should have stated that.

Hi there. I have recently split with my girlfriend and therefore we have moved out of the PPOR. The house is in my name as I bought it when I was 18. It is currently in a fixed loan at roughly 7%. I am going to be renting the property out in the coming weeks, have not had an appraisal yet...

Interesting, I guess the big question would be whether the bank would let me go through with it, due to my income.. EDIT: If I got a rental appraisal for my house, would that help my cause? And to answer your question Dave, I am looking at renting out my current house and moving into another...

That's sort of what I was looking for. By goals I meant, what I would have to do to be able to get another house under my current circumstances.

Hey guys, So I bought my first house a while ago, and now I want to set some goals to buy my first IP. Current situation: Income: Low 40's PPOR Value: $330 - $340,000 Loan: $250,000 So I was wondering if some one could tell me the goals I need to set myself to buy another property...

Hey guys. Bought my new house a little while ago and everything except the wet areas are carpet. Now the carpet is in fairly good condition but I have not yet decided whether I want to rent the house or keep it as my PPOR So I was just wondering; will tiling my house add much value to the...

Yes, that's where I'm out of pocket $14 pw. Rates will drop before they will rise. I will just have to keep a close eye on them :)

Yes, I believe after all expenses (based on $300 rent), I'm out of pocket $14 pw. And yes, there is lots of development, currently and in the near future.

Lol. I just wanted to know whether getting between $300-$320 pw for a house I paid $317000 for is good or not :p

I was looking to live in this house, but after looking around the forums and stuff I would like to start my investment portfolio with this one. yes, capital growth is important, I was just wondering what yield people are getting (and what I should be aiming for). I know my age is no excuse...

Yes this is what I don't understand? As a FHB, I won't have a huge deposit, therefore my LVR will be high?

Even though it's my first house? Isn't there an exception for that :p

Yes, there are lots of transport and schools and shops near by. This is my first house and I have to live in it for six months to receive the FHOG. Hopefully it will work out in myfavour :)

Based on these figures: Purchase Price: $317,500 Rental: (Has not been approved but basing on lowish figures) $300 P/W Rates: $1800 Insurance: $600 Maintainence: $500 PM Fees: (Not sure on this figure yet either) $1,196 With those figures I get: 3.62 % But if...

Where do you get the 18% deposit from? Sorry new to all this :D