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Well thanks for the criticism evand. I thought this site was supposed to be helpful.

Who knows? 5-10 years and we have insurance for any breakables in the meantime. Anyway, that is not what I am concerned about now. I just want to know if anyone knows a way for us to refinance, restructure or just borrow money using the equity in our houses to access $30000 (or more) of the...

Y-Man When you are paying $250 to $280 per night, don't you think you deserve furnishings of quality? Maybe that is why we are making so much money and rental no. 1 is in such high demand....AND we know No.2 would be as successful.

Hi Hooray and Y-Man The nightly rental income will be 40k based on past and future bookings. We have just gained a contract with Uniting Care where they will rent house in off peak, middle of the week periods, which leaves weekends free. A lot of bookings are Fri and Sat nights, so that works...

Hi Everyone All we want to do is holiday rent both properties because they will more than pay for themselves. Each house will make around $54000 per year. Our problem is we need approx. $30000 to set up the one we're in, so that we can holiday rent it. We don't want to stay in this house, we...

My husband and I have built 2 Waterfront properties on a Marina in regional SA. We live in 1 property and holiday rent the other. Both properties are worth 650k each (valued 2 weeks ago) and we owe 507k on each also. The holiday rental is doing really well, better than we expected, and income...