Hi There,Sounds to me like you are investing without being really sure what it is you want to achieve? My husband and i just bought our first investment in a 'not so nice' area which pays itself off and we dont have to put a cent into it. Its our first Ip and it has not caused us one bit of stress because we have reached out goal of having a IP…[Read more]

i agree with Jamie. Oneof the best $20 i invested! Don't spend $2000… buy a few of Margaret Lomas books. She also has podcasts available with suburb reports that talk all about a particular suburb for investing purposes. THey are $8 to download… and they are yours to listen to over and over on an Ipod or MP3 player…..

I sat down with my hubby after a nice dinner together with a big pad of butchers paper ( i am a trainer so i use it in classes ) We talked about ALL the things in life we wanted to achieve first. We put down our most outrageous dreams and goals for ourselves as individuals and then as a couple. Then we looked the most achievable and decided to…[Read more]

Hi Jacqui,I bought through Eliot Shiner, First National and they have a great reputation. The agent was Helen. No crap from her, just straight down the line. Emily is my Property Manager. Their property management is brilliant. I find Hilton Parkes First National are overpriced.

I am 25 and have realised i am sick of working for other people.I hate with great passion, the sound of an alarm clock in the morning. I want to work my own hours when i want toI am addicted to property… yes i have taken the first step and recognised my addiction I will sit on websites all day every day looking at properties, crunching the…[Read more]

Its a 4 bedroom house…. on a 580sqm block. Not a granny flat.

$380 a week is top dollar, i was even surprised!A few factors:A damn good property manager There werent any 4 bedroom houses available for rent in the Mt Druitt area at the time The tenants marriage had broken up and she needed somewhere to live asapWe allowed a petComplete new paint carpet and floors so it had a new house feelingSingle lock up…[Read more]

Hi, i found the how to guides at Bunnings quite good. They have ones on how to prepare for painting, how to build a deck etc etc.They are easy to read. They also have a good magazine they sell at Bunnings that i pick up occasionally but i am not sure what it is called…Anything that Cherie Barber and her partner have written is great too. If you…[Read more]

Shame you wont look at the Mt Druitt area. Can i ask why? i am intrigued.I just bought my first IP after 3 months of research.Bought in Hebersham, 4 bedroom house, single lock up garage and seperate carport also. 580sqm block. Bought it for $235k, spent $6k on a cosmetic upgrade… rents out for $380 a week, got a tenant in day after…[Read more]

Mistakes – Using RAMS because they had good interest rates but they dont have any offset accounts…. getting too personal and relaxed with a vendor i bought my first IP from. He allowed 2 weeks early access and thought we had a friendship happening.  Had alot of extra clean up to do as he left so many things that he thought we would like…

Nathan Birch is an absolute champion. he is doing all the things i want to do with my life.he actually saved his first deposit but used a credit card at times when he needed to be creative. He manages to find a way to do all the things he wants.His book will be awesome and i have asked for a copy already. Nathan has a new website coming soon as…[Read more]

I just did a cosmetic reno that was a mixture of me project managing, some tradies and my husband doing some of it.I think the most important this is doing what works for you. I LOVED the project management but i would not do any of the manual labour. My husband worked on the outside of the house, gutters, gardens, cleaning etc whilst tradies did…[Read more]

Hi there,They generally say bathrooms and kitchens. Depends on whether its a cosmetic or structural reno as well.Also depends on the area and type of dwelling you are renovating. Who lives in the area and what do the they want? Do they live in an area that doesnt have parks and gardens – therefore you may add an entertaining area to a property…I…[Read more]

Go for it.What have you got to lose?You may be pleasantly surprised by the offer being accepted… i just bought an IP and was very pleasantly surprised at the offer that was accepted. Cant complain about instant equity.

Moree also has plenty of positive geared properties… but would you buy there when you can buy in Sydney 45 kms from the CBD like i did, where there are NO 4 bedroom houses available to rent in the suburb..

I just bought my first IP…Paid $235k for a 4 bedroom house in Hebersham, rents for $350 a week….median house price in Hebersham is $279k….Thought that was pretty good for first time around!

Hi there,I went for most of it. I unfortunately had to leave before branson came on, apparently he was the highlight of the summit, just my luck.I enjoyed Kerwin Rae, i think that was his name. He was down to earth and funny.Tony Robbins was overbearing and hypnotic. You almost feel like he is hypnotising you to buy his products and spend $25k on…[Read more]

thanks for the support guys.I do love to hear everyones differing opinions thoughBut yes those costs were overestimated.

Awesome video…you have to indulge us with the financial details though…profit? cost? Time?

Hi,You need to be more specific about which suburbs within Mt Druitt you are looking. i was born there and now live 10kms away.Mt Druitt itself near the westfield and railway station, there are some good buys, especially the newish 3 bed units on hythe st. Plenty of depreciation and good yields. can buy for $230k and rent is around $310 per week.…[Read more]