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Hi Greedy2000 I have used 7% every year in my forecasts so allowed for paying 2% more than I currently pay. If the rate goes above 7% before 2017 I would need to slow down the acquisition a bit and leave surplus income in the offset to keep the rate lower, or could look at putting some of...

I would get professionals in for the Renos, be quicker and a better finish than I would do myself. I'll keep you posted on how it all goes.

Hi FMS Next IP is likely to be in the Brissy area looking at Ipswich and Logan areas at the minute as they fit my price range and yield. Discounting here I wouldn't expect to be 20% (but you never know:)) but would be looking for around 5-10% as a ideal figure then probably have to spend...

Hi thatbum Thanks for the reply, I agree the exact figures are a bit too much detailed at this stage but I have just used some assumptions based on my first pending purchase and what I believe are conservative forecast figures, my problem is I like to analise things in detail :) I agree...

Good evening all, I've been a long time reader of this forum and gained so much information to date so thank you all. So now I thought I would throw out my 'master plan' to the forum to gauge your views and opinions on what I intend to do to get to my goals. I'm currently 31 with a good...