im no guru – im very very green.  but u did ask "what would you do?"!!!  so u brought this noob opinion onto yourself  but if i were u i would be going with option 3.  because u owe nothing on that house, that is pure profit u are bringing in.  u arent having to pay interest on that house.  and itll just keep going up and up in value.  so just s…[Read more]

yeah its not a good market at the moment in mackay.  im just watching the market so i can tell when things are changing .. and also keeping on the ball in case something spectacularly cheap manages to find its way on the market   im not rushing into anything, just enjoying learning about RE and investing.  reading anything i can get my hands onto

sounds bizzare to me.  but im green like u  all i can say is, our property manager doesnt request us to be at any of the inspections.  as u said – thats what we pay them to do.  i dont want to be hassled by stuff like that. 

thanks for replying! i am very confident about the ceduna situation.  because it is only my 2nd IP i spent countless hours learning about the demographics of the town, the future plannings, its infrastructure.  i spoke to the mining companies directly, the real estate agents in the town, the media and also some of the general townspeople.  th…[Read more]

wow they have some cheapo houses!  One as low as $199k for a 4 bedroom.