Thanks for the response – would you then suggest to keep researching the many strategies available and to keep building knowledge to help to break down the potential problems I might be likely to face?

Regards
Nikki

Hi,

I have been researching for the last 3 weeks the idea of positive cashflow and have to say I am one of those people who has fallen into the trap of buying negatively geared property and then not being able to expand the portfolio past two properties.

I am considering moving straight into the WRAP or Lease Option scenario but am not sure if I…[Read more]

Apologies for the delay in response. I agree with all of the responses above. I also believe that if you have a criteria to select a property then it is a way to mitigate the risk that the emotions will take over. When a lot of people buy blue chip shares they do so in companies that they are familar with and can see eg. Woolworths, CBA, NAB,…[Read more]