Recent content by Mr. T

Thank you for your input. I certainly see the advantages of interest only loans but with our IP we'd be looking at buying and holding for the long term and we're really keen to have no/little debt asap. At the end of the day we just wouldn't feel comfortable if we weren't lowering our...

This makes good sense. Thanks for the smart advice.

Good to know. Thank you for the information.

We're looking for a principal and interest loan. None of this fancy stuff where you only pay the interest and then sell the property at a gain. We're hoping to hold this IP for into retirement and pass it on to our kids when our time comes. Making a dollar buying and selling isn't for us...

Yes, thank you for your help. To be honest we haven't really talked about property managers yet. Personally I'd like to have someone else lease the IP but have us manage it with inspections and maintenance. Since we'd only have the one property it wouldn't be too hard to be hands on and...

We've decided that we're going to enter the property market in the next 6-12 months but I'm not sure we'll qualify for the loan we're after. My wife isn't working ATM and wont be for at least the next 6 months but probably much longer. - I'm 54 years old, earing about 50,000 pa. - The...

Hi everyone, this is my first post. I've been a member for a while but never posted. This article stirred some emotions though so I've come out of my cave... First of all, Joye's title is sensationalised. There is no "Great House Price Myth". Prices really have gone down in affluent areas and...