Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Sam Telford

Sam Telford has started 1 posts and replied 3 times.

Post: Moving out of home to rent it out so i can save more in Australia

Sam TelfordPosted
  • Melbourne, Victoria
  • Posts 3
  • Votes 0

thanks i will do a few bits of work to my place to make ot more liveable then decide if i really want to move back in with my in laws they have already put us up when i was saving for the deposit and getting out of bad debt thanks everyone for the advice 

Post: Moving out of home to rent it out so i can save more in Australia

Sam TelfordPosted
  • Melbourne, Victoria
  • Posts 3
  • Votes 0

i dont have much equity i only put down 5% of the 305000 price and i have not checked the value since. Mortgage payments at the moment are 360 a week and i could rent it out for about 300. ohh and i should be able to save about 20000 a year on top of the rent if i move out 

Post: Moving out of home to rent it out so i can save more in Australia

Sam TelfordPosted
  • Melbourne, Victoria
  • Posts 3
  • Votes 0

hi everybody i was wondering if someone has some tips for me or can just tell me its a bad idear. I purchased my first home in Melbourne about 15 months ago my wife hates how small it is its a 3×1 but loves the location  so the plan is to move in to her parents house again so we can rent our house out and save more to extend i would like to know if people think its worthwhile or just sell and do i need to change my loan im also praying that my house price will go up so i can use my equity to start investing. Thank you