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We have only been property investors for almost 12 months, so new at the game. We have had some good tenants in our home for the past almost 12 months and have asked what their intentions are after the twelve month lease expires. They have said that they wish to stay but would like a month by...

Please bear with me as I explain our situation. I know it's pretty straightforward to some people but figures just aren't my forte. We have just purchased our first investment property. We utilised equity in our PPOR to assist with this purchase. We have three loans, our PPOR, the equity...

We will be settling on our first IP on the 26th of June this year. I was reading another thread about claiming the costs associated with the purchase of the property and my understanding was that I may not be able to claim them this financial year because we have not derived any income from the...

Panicking!:eek: Enthusiastically purchased our first investment property two weeks ago using the equity in our PPOR. (PPOR worth $227,000, owe $158,000. New IP cost $205 with rental of $230pw. Not high income tax bracket) Still waiting unconditional finance, but looking very likely it will...

We need to find landlords insurance for our first IP. Just looking for some recommendations. Is there anything we should look for when assessing different options? What level of cover should we consider? Thanks.

We have signed up to purchase our first IP in the same rural city that we currently live in. We have a mortgage broker acting on our behalf and are hoping we'll have unconditional approval by next week. Our mortgage broker suggested we seek financial advice regarding our purchase and intended...

Just wondering... Taa, newlywed1311

Hi, We are about to make an offer on our first IP. We have submitted our documents to our broker to get pre-approval but that will take around 3 weeks, according to the broker. We are confident of our ability to secure the loan but obviously need to reassure the vendor with the wording of our...

I am in the process of looking for my first IP. I've read quite a few books, attended a few forums and feel I have a very basic understanding of the property investment process - certainly aware of the benefits. I'm looking at a long term (20 years) plan to build a portfolio to support my...