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  1. Brady

    bought ips, what next?

    Cash is going in and out for IP income and expenses only? Where does your personal income go into, different account or same LOC?
  2. Brady

    bought ips, what next?

    Wait stop can you clarify how you use this LOC? Please don't tell me all your rent, income, repayments, expense come out of this one LOC? Who is currently looking after your finance? Broker/banker? Have you discussd you investment plans with them? I'm saying not having LOC, having home...
  3. Brady

    bought ips, what next?

    Don't add money off the principal if they're all IP's. Keep the funds preserved in an offset, preferably against a PPOR HL if you have one. If you chose to reduce the principal you might not be able to extract maximum equity, especially in the case of decrease in value. Best bet in most cases...
  4. Brady

    bought ips, what next?

    Choppy how did you come to buy each of these properties? All brand new... hope it wasn't a 'investment group' selling you some 'premium' properties. You say you're a high income earner but you have no more capacity. Who has told you that you have no more capacity? Is it your lack of...
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