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Hi All I know there is already a thread with lots of links to excel spreadsheets but has anyone have a simple one to calculate IP outgoings & income ? Many thanks :)

Thanks for the responses. That really clears things up for me Propertunity I really appreciate your help. Sorry if I sound stupid, but so if we choose to redraw the 15k or so we are in advance on the PPOR (soon to be IP) & either use on finishing the renos, getting a new fence or putting...

Any advice greatly appreciated ! We bought current PPOR in 3.5 years ago for 250k. We have been making additional payments on this loan in this time & have completed some renovations & the loan is now 210k, valued 7 months ago at 320k. We are currently in advance about 15k on this loan that we...

Great, thanks all for the responses. So with the electricity I just do nothing & when tenant moves in they organise?

[I] Hi All Today was settlement for our first IP with an open house tomorrow for prospective tenants. (We're in NSW) These may be really silly questions but I am jut wondering what do we need to do about Electricity & Water? I dropped in to the unit today once we got the keys & water &...

Thanks for that all :)

Hi All I know there are some good threads on here about insurance but i just want to clarify I am on the right track. We just bought our first IP & it settles in 2 weeks with tenants moving in straight away as the property needs no work before them moving in. The property is a 2 bedroom...

Hi all Just wondering if anyone could offer some advice on how I go about engaging a buyers agent to help with the purchase of our first IP. I am keen on finding somewhere in the Newcastle/Lower Hunter region & want to get it right rather then blindly find a place with no real experience...

Thanks for your advice. What Newcastle suburbs do you recommend?

Hi All I have just come across this website & i'm overwhelmed with the information & advice on here. My partner & I are both 24, purchased our own house about 3 years ago & have just started seriously thinking about getting our first investment property. We purchased our home here in New...