Hey guys, This is my first time on the forum. After reading through many of the posts, I feel extremely privileged to be in the company of such knowledgeable investors. I would like some advice on the best ways for my wife and I to move forward in my investing career...I am open to any strategies and have no problems with incorporating property/shares/managed funds into our structure. Very interesting in LOE in the medium/long term. Any advise anyone can offer is extremely appreciated. Here is a summary of our current position: - Married, 30 y/o, no kids - Wife's income approx $40k p.a. - My income very low at moment due to very recently starting a new business from scratch after the company I was working for went into administration. Aiming to get my business income up to approx $50k within the next 6-12 months and then $50-$100k after 1-2 years. - Wife's income may only be around for approx 12-18 months as we are planning to start a family fairly soon. - PPOR - value $280k, IO loan $204k (including $45k offset a/c currently $0 balance) plus $20k LOC fully available - IP1 - value $370k, IO loan $262k plus $34k LOC fully available, Rental Income $480 p/w - IP2 - value $125k, IO loan $52k plus $48k LOC fully available, Rental Income $135 p/w - IP3 - value $115k, IO loan $48k plus $44k LOC fully available, Rental Income $135 p/w - Total LOC funds available = $146k - Managed Fund - $35k (Perpetual Investor Choice Fund). I've had this fund for about 6 years but have not made any contributions for about 4 years. Has been averaging approx 15% (income + growth) over the past few year and the income is reinvested back into the fund. Combination of asset classes: Australian Share Fund (32%), Smaller Companies Fund (33%), International Share Fund (10%), Property Securities Fund (25%) - $24k loan - borrowed from a family member, no fixed time to repay the loan but would like to pay it back completely over the next 2-3 years. Currently paying interest only (annually). We are cash flow negative at the moment by approx $2k per month due to my current low income, so we have been eating into LOC funds before refinancing recently (hence the reason why we are paying IO on our PPOR at the moment). But not really fussed about this at the moment due plan for business income to increase over the next 1-2 years which will offset shortfall. One idea I have considered is to close the managed fund and deposit the proceeds into our PPOR offset account so we don't need to dip into any LOC funds for personal use (and reduce non tax deductible debt). The fund is also in my name only so from a CGT perspective it would probably be the best time to do it due to my current income. Also trying to decide whether to purchase another growth asset (which will further add to negative cash flow) or an income producing asset (which will sacrifice on growth). And whether to buy another property, or gear up into a share fund? Other goals - we would like to use some funds to finish renovating our PPOR over the next 12-24 months which will be approx $10-15k total. I am very interested to hear thoughts on some of the strategies that you guys who are experienced investors can suggest. I appreciate any comments and/or suggestions! Cheers.