Search results

If it is CF+ and it is still growing in terms of CG, but perhaps not at a rate of other non NRAS properties, surely it is still a good investment. There is a lot of talk on here about neg gearing and the ultimate is CF+ and CG, and it appears this might be a way to accomplish it, even if the CG...

I don't have an IP (yet), is this strategy worth looking at? 100k equity in ppor Looking to use equity to purchase IP of about 320k. But my goal is to pay down ppor obviously, and I'd heard that channeling rent etc into offset would do this, but it becomes a revolving door when rent into...

Ok, I don't want to make this more painful than is needed for those of you who are all over this, but I have a similar question: 1. I think I agree here. Essentially you are adding for eg. $2k in rent, then taking out $2100 to make up the shortfall, then adding $2k in rent and so on. Over...

Thanks all. I appreciate the feedback

Hi there, Just wondering if anyone has had any experience with these organisations. As part of my research into getting started in property investing I attended this forum. They follow up with a financial advisor providing you a strategy based on your circumstances. They then pass you on to...

Hi all, Been a little while since my first post some time ago but I've been in research mode. Been to an investment forum and spoken to some financial experts. Based on my situation, the "strategy" they've advised is an investment cap of around $315k, using equity in PPOR to borrow, lets just...

Thanks demoman, yep all in the offset as we speak. Cheers.

Hi all, So I've reworked the figures because they were a little ways off, ok, maybe a big ways off, but I think I'm getting there as far as understanding conceptually. I read a lot today about ITWV which starts to make sense. In my understanding, this is the difference between Tax before...

Hi there Alex, Thanks for chipping in. Based on my understanding I think your calc is also wrong. 17550 + (12000 * 37) = 17550 + 4440 = 21990 Unless I'm missing something. Cheers. Gools, Fair call. Left over (poor) "strategy" from when I owed HECS but paid it off. I'm now...

Ok, so after Investor's suggestion regarding tax, I decided to try and crunch the numbers. They're pretty rough I reckon but hopefully roughly accurate. Hopefully its not too painful for you guys to understand. Attached. Please provide any feedback on this, if my workings are somewhat...

Thanks for that Investor. From a tax bracket point of view, won't my losses (paying the gap between rent+expenses and interest payments) need to be considerable to drop my tax bracket? And along with similar suggestions above, if I can reduce tax, is it better spent offsetting 7.2+% on the...

Thanks for all the responses. After a lot of reading the past couple of days, I think paying as much off the PPOR as possible is definitely a very good option. The doing more with my income is exactly what has led me here in the first place. I think we budget pretty well (2 kids, no IP's)...

Let me clarify that: my current budget probably leaves me $500-750 after monthly expenses + about 10-15k at end of financial year. Thanks.

At the moment I put about an extra 150 a month on the loan but plan to up this now I've refinanced and rearranged a few things. I also get a decent bonus & tax return each year that should give me 10-20k pa on the offset. Mo

Dazz, Cheers. How long did it take you to smash the mortgage? I guess I don't want to be "too late" in setting my family up for the future.

Hi all, First post here. I know you've probably read and responded to these types of posts for newbies over and over so apologies. I've done a fair bit of research but wanted to present my situation and get some specific feedback. Hopefully you can assist: PPOR = valued at $320k (banks...