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yes you are correct. In 2 years time I'm planning to cash buy a cheap PPOR in Melb, do a reno and add value while living in there. I can't do this at the moment due to long working hours in my current job plus no previous reno skills\experience, low return on invested funds\time\effort and lack...

Hi Terry, That $30k passive income is purely dependant on my $430k savings parked in offset account and the rest of the loan being fixed at ~5%. However the good time won't last forever, after 2 years interest rate will likely go up and hopefully rent too to iron out the extra interest cost...

Hi Aaron_C, I didn't pay LMI on any of my puchases as I work for my lender and 90% LVR without LMI is a staff benefit. I'm currently renting and sharing as the cash flow works out better. Living in an area where I can't afford to buy, be close to work and save a lot of travelling cost &...

Hi All, I'm still on L-plate with prop investment and hoping the forum experts who have made it could give me some pointers on how to achieve my goal a bit sooner. * Goal: would like to have a passive income of $50k a year + own PPOR * My situation: I'm in my early 30's, have no...