Hi Rick_H,
Generally speaking, if you are looking for a long term investment, i’d go for a buy and hold approach in a good location (usual factors such as close to public transport, schools, shops etc).
Depending on your age, units usually provide a higher yield (which is what you want if you’re close to retirement) than houses.
But houses usually…[Read more]

I’ve only recently decided that it’s time i put some roots down and get some direction happening in my life as i’m getting old now and need to think about the future [xx(]

I’d love to be able to retire at 45-50 and that’s why i’ve recently discovered these property investing forums to get some advice…so i can indulge in my love of travelling. I…[Read more]

Hi Greg, my e-mail is thelastmango@ekno.com

Contact me if you’d like to talk about investing together.

Cheers,
Quentin

~ better to die on your feet than to live on your knees ~

Hi Greg, I’d continue with the repayments and wait until you get back home so you can start having a good look at other properties to invest in.

You must have a lot of equity in your property by now and if you keep the repayments up, you’ll have a +ive cashflow property as well as free title to it which you can use as security for your next…[Read more]

I agree Steve. I’ve always been passionate about property and get a kick out of renovating properties which i find very satisfying.
I also love architecture and often see run down properties that i’d like to give a spit and polish to.

~ better to die on your feet than to live on your knees ~

Hi again, an update:
After much uhmming and ahhing (are they words?), i’ve signed up with an agent and will be auctioning the unit on March 29 at 11am on site at 15/12 Tivoli Rd, Sth Yarra. If anyone is interested in a well located, solid investment that will show excellent growth, come along and make a bid!
Am i allowed to put down the details…[Read more]

Thank you all for your advice.
Matthew Kelly: I am in the process of getting in touch with Stuart O’Neill at his website to see what services he can offer me.

Steve McKnight: Thanks for your insights – they are appreciated. I should probably explain that i am very reluctant to sell a property down here to finance my PPOR in QLD because of the…[Read more]

Hi there, can you please give some more details about this propery that you think is a good deal?