Hi Benny,

If your folks are after cash now, it’s fine to sell – the market is still hot.

I believe your investment in Botany still has good long term potential – near the airport, near the city, detached house, limited land.

In summary, if they’d like some cash now, I would sell. Otherwise, just hold on to it – I reckon you can’t go wrong…[Read more]

Hi Benny,

If your folks are after cash now, it’s fine to sell – the market is still hot.

I believe your investment in Botany still has good long term potential – near the airport, near the city detached house, limited land.

In summary, if they’d like some cash now, I would sell. Otherwise, just hold on to it – I reckon you can’t go wrong…[Read more]

Thanks Steve – that’s very useful info.

A few questions below:
* How many properties do I think I could purchase with $300k assume a standard deposit rate (I think you mentioned 30% deposit is standard)? I realise it depends on the price of each property but what are some low/average prices for good cashflow positive properties in the US?
* When…[Read more]

Hello,

I would suggest Logan City – suburbs like Eagleby, Beenleigh.

These suburbs are in the middle of Brisbane and Gold Coast city – offering prices in the range from $200k-$250k. You could get rent around $250-$300 p/w if you do your research.

I am in NSW but I believe Logan is underpriced and has capital growth potential, and good rental…[Read more]

Hi Carolina,

I think Western Sydney would be a good investment with future potential, given that many families are moving away from areas closer to Sydney due to the expensive prices. I also think that areas in Western Sydney (such as Blacktown) have good potential due to the infrastructure investment occurring in those areas – Western Sydney is…[Read more]

Hi Carolina,

I think Western Sydney would be a good investment with future potential, given that many familiar are moving away from areas closer to Sydney due to the expensive prices. I also think that areas in Western Sydney (such as Blacktown) have good potential due to the infrastructure investment occurring in those areas – Western Sydney is…[Read more]

One other quick point Trina – I would be mindful of investing in a studio apartment as it may limit the buyer market.. I think at least one bedroom in a good location would have more potential. With $180k, I would be more prone to looking at a house in a solid regional area.

Hi Trina,

In NSW, I am currently looking at Moree as a place for positive cashflow property. I might suggest you take an initial look there for the $180k price point you’re after.

I’ve also got a property in Tamworth, and would recommend it as somewhere to potentially look. These are both in NSW, however I also think the Logan area in…[Read more]

I didn’t end up buying this as there was an issue with the building inspection for the townhouse.

Maybe later this year or next year I will try to find something in the Logan City area which I’m keen on looking at