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Hi All, We just just purchased a new property and I would like some advice. We have seen an accountant however I don't believe he is too clued up on anything other than personal tax. I would just like to validate a few things. We bought out first property 2 years ago and have been living...

Hi Guys, I currently have 86% LVR 355k debt, 410k property (PPOR) Ubank has valued my property at $440k giving me ~80% LVR My intention is to more to a bigger PPOR in 12 months time, I would like to supplement my savings (20k) with equity from my current PPOR to use as a deposit for the...

Hi All, Two questions 1) I intend to move out of my PPOR and turn it into a IP within the next 18 months or so (have lived here 12 months). In terms of saving for a deposit for my next PPOR, should I be saving into my MISA or depositing directly into my homeloan ? I understand tax...

Hi Guys, I posted on this site a few months ago and got some good suggestions as to where to buy. I ended up buying a 2x1 property 5-6minutes walk to the beach. Its in a block of around 13 units all ground floor and its around 100m2 all up I think. I think I got a fairly good price however...

Hi Guys, A lot of the books I have been reading mention that living off equity is the ultimate goal. So do not have to continue your day job to support yourself and your investments but rather use your equity to cover living and interest expenses. Has anyone achieved this and done it in...

Hi Guys, So far in the books I have read, one of the main opinions is that using equity is the best way to purchase more properties more quickly. I am a bit confused...whats the difference between drawing equity from say your PPOR and just getting another mortgage for 100%+costs of the...

Hi Everyone. We have just got verbal acceptance on our first property! I have some questions I hope someone can help me with. We plan to live in this property for 3-5 years before turning it into an IP and moving elsewhere. However we need to rent it out for the next 6 months. So its going...

Hi Guys, I have been reading these forums for awhile now. Really useful information but I am getting to the end of my tether now and need some more personal advice. I am a FHB, we have been looking for units / townhouses from Scarborough up through to Padbury. I will try to be short and...