Mate,
I appreciate your comments but IMO this below is very provocative:

1hr from Syd CBD – like where would that be. There’s a lot of km’s 1 hr drive heading out depending on time of day. Midnight’ll get you to the Blue Mountains.

“Im pretty stoked with this deal bringing my tally to 3 properties” sounds like your more about acquiring…[Read more]

I am not a fan of this back and forth battering over the computer. I am always open to everyone’s thought and opinion but do not appreciate being provocated for simply starting a topic on this forum. I am more than happy to meet in person and resolve the matter.

Regards,
Engelo

Hi Jackflash,

Just have a question for you as im a bit curious. How would you go about achieving a passive income of $50k per annum minimising risk, ensuring capital growth and a solid exit solid strategy if your were starting off today? By the way how many properties do you own?
Thanks for your time.

ps. Nathan, thanks for the vote of confidence

A bit of a change of scenery, no burnt or vandalized house in the backround haha
Keep em coming mate, love those kinda reno’s haha

Hey Mattdesigner,

Keep educating yourself with property books, magazines, seminars, this forum and somersoft and im sure you will meet competent and trustworthy people along the way to help and guide you in your property investing. I have built a pretty good crew within 1 year of buying my 1st property. Just be cautious with who you choose.

Engelo

Thanks mate, love your educational videos.
When are some new one’s coming up?

Thanks for the replies.I have already spoken to the property managers regarding $10-$20 annual increases in rent.@ xdrewhahahaThanks for your comment mate my eyes are wide open now. 

Around 1 year ago I spent 5 days in Blackwater speaking with locals and agents. Who ever I spoke with from the postman to the miners everyone said there is a lot of coal there and has been for the past 30 years. The miners said they are sleeping in tents because of no available accomodation wich is a good sign for rentals. 1 year ago there was…[Read more]

Thanks for those ideas guys, both are tenanted but not at market rent due to long term tenants. Also, they are close to transport and shopping. They would cost around the same to reno. I havent made an attempt yet to speak with locals. Will also see which 1 could possibly be negotiated at a lower price. At that price and being commuting distance…[Read more]

Have 2 properties in Mildura, look for something on the west side of deakin highway. rental market is tight. rented my 1st house in 1 week had 4 applicants to choose from. just renovating 2nd shouldnt take long to rent out.

What do you guys think abuut investing in the Bay of Plenty, found some decent yielders there???

Thanks

I own 1 property in Mildura and wouldnt hesitate investing in the area again. Just anounced is the funding for the new solar plant plus another possible 1 being built all up around 2 billion potentailly being invested in the solar plants. Lets hope something happens with the proposed Casino even tho word is its on hold. Great facilities, very easy…[Read more]

Thanks for your reply,

I am still at the researching bit hehe. If I get more serious I would consider goin to NZ and see what can be done from there as I am not a fan of buying without seeing the property 1st hand.

Also, what do you think would be better. Getting loan in Australia or New Zealand for purchasing in NZ?

I dont know yet, Have been browsing the whole of NZ hehe, were would u guys suggest is worth taking a closer look?

Hey Wobbly,

Your are the only 1 replying to posts on New Zealand, I guess no one else is intereted on investing there hehehehe

Good point Wobbly, Thanx for feedback

Hey Tony,

I agree mate, I have seen some decent yeilding properties. Would love to get an opinion from other investors as I am not informed much about the New Zealand market. Definetly will be doing more research in weeks to come. Have seen a block of 3 units selling separetley or together listed at 40k 50k and 50k renting at 120 per week. Looks…[Read more]

I cant believe some of the replies that Zaul is getting. He just wants to get pointed in the right direction.@ angelinsydney, You really are an angel for willing to help the kid out, I am not experienced enough to be a mentor otherwise I would have put my hand up first.@ Zaul, Hey mate make a passion an obsession and you will succeedAll the best.

Thanks xdrew for your insight. What month did they have a write up in the API mag? im a regular reader but must have missed it?

@ goldies, I would never purchase a property without seeing it first hand. Even if some one took 1000 fotos of a property im interested in I would still want to see it in real life. Plus I always chat with all of the…[Read more]