428b property q&a: cash in offset or pay down mortgage, land flipping, using your PPOR as collateral + more

John and Emily from my millennial property join Glen to answer your property questions, including:

👉🏿now that we are in the first home, and assuming emergency fund is all good, what’s better, save in an offset account or start smashing down that mortgage, pros and cons for each?

👉does installing solar on your property increase the amount of rent you can charge for a property?

👉🏽can we discuss the pros and cons of using your principal place of residence for collateral? And how it can help purchase more houses with the equity?

👉🏻bought first property with partner, definitely not forever home, so is it wise to pay more than necessary on the mortgage or wait until next home?

👉🏾if you’re in one of those professions that could potentially get LMI waived (eg. health professional), is there anything inherently wrong with putting down only a 10% deposit to get into the housing market?

👉🏼how much extra should I be paying off my mortgage on top of my regular repayments?

👉🏻land flipping. Buying in new estates then selling after titles are released. Ok In a rising market. Not when flat. All about low outlay. No tenants worries. Pros and cons?

👉🏿how do we find out where can we buy an investment property to get a positive cashflow? What should we take into consideration?

Connect with Emily for a discovery call here: https://contact.emilywallace.com.au/

Check out John's Property Analyser Calculator: https://www.solverewealth.com.au/property-analyser-calculator/

Head over and subscribe to my millennial property: https://player.whooshkaa.com/shows/my-millennial-property

Get $20 off The Glen James Spending Plan using the code "MAGIC". Link to course below!

Send us your questions! Email questions@mymillennial.money with the podcast you want your question answered on as the subject.

For podcast resources, links to our stuff, disclaimers & warnings about this episode + more... check out: https://www.sortyourmoneyout.com/shownotes

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