Hey Mixed up,I am looking at a new 4Br house in the Ipswich area for $310,000 with a tenant lined up renting for $300 p/wk. I am Sydney based and already own similar properties in Crestmead and Waterford West. These areas demand $340 p/wk rent and are seeing fantastic Cap growth. All my properties are managed by the same real estate agent and al…[Read more]

Hey there Eddie,2 questions (1) how much deposit do you have to start with right now & (2) why are you picking Sydney…..do you not consider it an expensive market to invest in. My point is, I feel you will tie up alot of funds to secure your first property and see little capital gains for some time therefore possibly not allowing you to invest a…[Read more]

You're a top man Michael. Cheers.See ya then

Hi,Sounds a bit like me a few years ago. We had one investment which was going great and we had $180,000 debt on our own home but were struggling to get into our next investment property. The banks were no help and said we needed to reduce our home loan or earn more money. Then a work colleague of mine suggested that I speak to his guy that he w…[Read more]

Hey Hybrid,what I'm wondering is how long you have had your investment properties for? I ask this because you still have personal debt ie. non tax deductible debt? To have accummulated 4 investment properties and still carry personal debt surprises me. What income bracket are you in?I think whatever move you are about to make needs to be well…[Read more]