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I think if we were more knowledgeable about how it should be we probably would be too but I am only at home a short while each month, we have a dog (and that seems to be a HUGE turn off to most land lords) and my wife runs her own full time business as well as being effectively a single mum as I...

I see that sense too and like the method all apart from the renting part. If we rent a nice house in the area we want we will be paying about $450 - $470 per week. I know this to be true as those are the prices we were paying in two of the houses we rented in exactly that area. That works...

I see that point but a massive reason for getting out of rentals is that we are both sick of inspections, not being able to do anything to it, paint or renovate etc. I would rather drop the IP than rent again. We have been out of our own home in the UK for nearly three years now and do not...

Telling the wrong person there my friend.

Well my priorities are to get a portfolio on the go and learn the ropes of investing hands on so I can eventually leave fifo and have a good life with my family. My wife does not necessarily want to spend the full $500k but fairly close to it as I think she sees that at $430k you are buying...

Would you buy a $430k ppor do that you don't hit stamp duty and then also buy the ip or would you simply spend more on the ppor using most of the deposit, pay stamp duty and leave the ip for a later date. My wife wants to spend $500k odd on ppor. If we do this the the ip will not happen for...

Would you buy a $430k ppor do that you don't hit stamp duty and then also buy the ip or would you simply spend more on the ppor using most of the deposit, pay stamp duty and leave the ip for a later date. My wife wants to spend $500k odd on ppor. If we do this the the ip will not happen for...

Hi all, I may be in the wrong area of the forum but I would like to get some advice and opinions on what to do with the deposit I have saved up. My situation is that we are currently renting and are very keen to buy our first home in Australia now we have residency. We have got $55k...