Driving into thw city where i live is actually 10min faster than public transport. My car does 6L/100km.. abd if u throwing in these minor variables.... Driving in the car allows me to play my music. Leave at my times. Fart abd no one to frown upon me....
More importantly... This car park...
Just doing some budgeting and realising im paying a shitload on public transport ever since opal card released.
At the moment to get into work i catch a bus and a train. This is $3.50 & $4.50 each day costs me $16/day. I also drive to another office once per week and car parking public is...
I do this but via a margin loan. the LOC is my fail safe if I enter a margin call. but I choose to gear thru a ML, such that my home equity is not touched and have money at call to alleviate ML when margin call happens, or deposit for more property...
I had something similar...
Kogarah Sydney 2219
Aiming for $560. Signed lease for $515.
Bad luck was an entire brand new complex went for lease same day as ours. Mine is only 6 months old but the others were brand new... Not sure what rent was obtained in the brand new units but I know...
I thought that too. But that would only curb us investors short term. Let's say for example prior to all these changes you could borrow another $2m. Now that lending restrictions are coming into play.. That $2m might only be $1m... Eventually u will use it up... Then what?
Guys,
A thought just came to me as I was on somersoft. Noticed quite a few lenders now beginning to have stricter conditions on lending, as well as lenders restricting the aggresive standpoint of approving concessions lately...
My goal from 2015 onwards was to build a share portfolio...
im a mixture of sharemarket/pay down debt.
Goals:
1 - Currently have around $15k of non-ded debt to be repaid
2 - Building up share portfolio thru margin lending
3 - increasing LOC against three property
1 - wife and my salary, portion is sent to 0% interest rate credit card each pay
2 -...
well my income was $30k higher in this FY, and moving forward for the next few years I cannot see my salary getting that much higher.... hence why i want to prepay some itnerest tooffset the higher income this year...
Guys, This FY I worked in a sales role and also had a couple investment properties under my belt. My bonus component was $30k and considering prepaying interest to help offset this. How do I get a rough guide on how much to prepay. My investment debt is around $1.6M but are spread out amongst a...