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  1. rugrat

    Any mum & dad investors?

    Selling a house is NOT the way to get into property investing. So if you don't have to sell to pay off bad debt DON"T. Go and talk to a financial planner, read the threads in this forum, buy some property investing books, visit a mortgage broker (or 5), find out all you can about property and...
  2. rugrat

    Any mum & dad investors?

    Don't rush into selling!!!! It is the REA's job to get you to sell, so they will push you, don't let them rush you! They just want a quick sale, because it is how they get paid. (Hell I went into buy a house and the agent spent the whole time trying to convinve me to sell mine). Talk to a...
  3. rugrat

    Any mum & dad investors?

    We really need some more answers to give better advice. (feel free not to answer if you don't want too :) ) What kind of income are we talking about? How much would you need to spend on rent if you sell your place? Do you have any kind of budget or savings plan you are working on? I...
  4. rugrat

    Any mum & dad investors?

    We are a family of five, on one and a bit income (I work casually). I think skater is into something. Keep your home, rent it out and rent something cheaper yourself - if you can afford to keep it. It can be done, it just takes a bit of lateral thinking.
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