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  1. L

    I would like some advice....

    My Plan This is a great forum and I would like to thank everyone who has given advice. People on here are more than generous with their views. I am leaning towards: Of the $1M I have in super I will convert $400K into an accumulated pension at 10percent per annum. This will give me...
  2. L

    I would like some advice....

    Capitalising interest Thanks Investor2009, Yeah I know what you mean. I read the Ed Chan book on Wealth for life. It scared me a bit with the capital on the loans rising exponentially due to the drawdown to service the loans. Even if there is no capital growth in the next few years I...
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    I would like some advice....

    The future Thanks Josko, I might go along the line of selling one or two in 10 years or when they double. I will have to look at the CGT at that time. I just thought it is just as easy to borrow against them - no real estate fees, hassle etc. and I can leave what is left for my...
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    I would like some advice....

    Thanks Pully, I wasn't really after financial advice, just people's thoughts. I have looked at the living on equity posts and just thought the structure I proposed might work. Thanks again
  5. L

    I would like some advice....

    I would appreciate some advice from investors. I have 7 IP's valued at $3.1M with debt of $2.1M. I am renting here in Sydney and would eventually like to shift into one of the properties. Due to health issues I have been made redundant and receive a redundancy pension of $6K (net) per...
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