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  1. BayView

    Direction needed please - pay off all debt first or save for deposit?

    True. We have had a varying socio-economic range of areas and IP levels. Most - lower end, but one was higher end - 3x2 DLUG townhouse in complex of 4, brand new - in Mentone, right near beach, train and Mentone Grammar. It was beautiful...wooden floors, deck and so on. Expected rent at the...
  2. BayView

    Direction needed please - pay off all debt first or save for deposit?

    There is a terrific debt reduction plan in the John Burley book; "Money secrets of the rich; the 7 money steps". Basically, you put as much excess funds into the smallest and highest interest rate loans first and pay them off ASAP. You continue to pay off the other debts which - although...
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