New member

Hi guys, I am a new member to this site. I have been “investing” in property for the last 2 years but I feel may have been investing unwisely.

Having said that I have a range of Risk Management strategies in place to decrease at least strong adverse events brining me down……..in theory anyway.

I am about to step into the land of Options (wrapping) in the next 2 months or so. I have to sell one negatively geared property to get underway. It is currently on the market to allow this to happen. 32 perches ( 2 titles) 1.5 Ks from Brisbane CBD – zoned LMR so perhaps it will not take too long to sell.

While I do not expect anybody to tell me where really cheap properties are can anybody refer to me to a State that is:

(a) wrapping friendly
(b) has some properties somewhere for $80,000 or under.

I feel that this site coupled with Steve’s book will drive me forward and while I try to contain excitement and expectations I am energised and looking forward to the challenges of finding property to fit my risk management criteria.

Any assistance is appreciated. Dianne