Recent content by LeoT

Well said Rix and it's also in the investor's best interests for a host of reasons, some of which you just outlined.

Depends on what your goals and strategy is. If assuming you want to build a portfolio and CG is what your looking for then i'd most likely get rid of it. But having said that, if the renal yield is something amazing and puts a big chunk of cash back in your pocket each week then its something...

Fair enough...I think ill skip my lunch today...

wow that's crazy... so he actually swapped your gem with his crappy one?? What happened in the end...? do tell! Would be nice if the gem you found was more valuable than the land!:D

No probs. I love seeing young ppl with passion and a plan to achieve their dreams in such an intelligent manner! Its rare.

and at the end it says " you should consider this as your escape to the "easy life"." Yeah so easy and amazing :rolleyes:

Owning a home in Australia has never just been a walk in the park. My dad worked his *** off for years before he bought his first home over 40 years ago, while is friends were gambling, drinking, partying and the rest. today, most of them are still renting.

NOt interested in washing my manual labour eh..:p

Nice goal there :) Get ready for a battle of all battles to get there. Your age is on your side though mate. Well done.

Many people will always find good reasons why not to invest in Australian property. Either its the Chinese buyers or a bubble or Interest rates or Europe's troubles or whatever. My dad tells me during his time it was exactly the same. And yet many investors manage to consistently build...

IMO improvements should only be made for a handful of reasons. 1. Obvious repairs that need fixing asap. 2. If your research shows you that for a small spend, it can yield a worthwhile increase in rent. then it might be worth it. 3. If your research shows you that a cosmetic reno would...

Without knowing too much about your strategy etc, I would be looking within 12km from the CBD. A house. Not new. Something you can add value to. And try to buy it at a good price. Although time is running out.

Depends what the huge development is but basically the influx of new stock (especially if massive stock like you indicated) can cause an imbalance in supply and demand for an area for a period of time, therefore limiting growth potential for that period, IMO.

IMO this is a little tricky and can be interpreted in a few different ways and also be misleading at times. If say the last 5 years growth indicates solid, consistent great growth, some ppl interpret it as a great area to buy into now and that the growth will continue. Other may see it as...