Currently im fixing up my PPR (principal place of residence). With some help i've painted and carpeted 1 room, painted another (both bedrooms). Done some wiring, adding some power points, computer network cable and TV arial in the lounge room (instead of coming in through the window) and in the master bedroom.


It doesn't sound like much but its taken about two full months.

I do like to keep myself busy, but im now starting to think ahead. I know that in the near future my girlfriend will move in with me and if it goes well, in about 1 year from now she will buy a place and we will move in there. Leaving my now PPR to be an investment property.

There are a few issues that need to be sorted out with the projected future.
1/ See a solicitor about protecting my house (as i own it in my own name).
2/ Talk about transferring the house into a trust structure.
3/ How much work do you do on a house that will be a investment property. (what's going to bring in the cash and also not having someone attend to the house all the time.
4/ What about the next investment property. What do you need to buy a investment property, and where do you start? I assume some money but i don't know.

Anyhow, sorry if  you've just dropped by this blog expecting answers, its seems to be just more questions :D

Joehann.