Recent content by MirandaF

Thanks Greg for great post with a lot helpful information. We just have simple needs, no luxury things so we can live comfortably on 60K without debt. I'll be around 40yo if I can quit rat rate in 7 years to explore the world. To achieve 60k passive income, probably we'll need 1,2k/w rent...

Thanks all generous SSer for showing me the right direction and broadening my vision. Just clarify that IPs is heavily - gearing due to small dwelling with undeveloped empty land attached. My aim is to develop when buying but unfortunately I haven't got enough available fund at that time...

Thanks Macca for invaluable advice. Yes, yield is horrible and both ips are - gearing. However the CG prospect looks ok. It would be too risky and silly to have another - gearing IP in the peak market. Ta

Yes, glad to hear that. It's a bit scary to go out of comfort zone. Probably I should build a better team to go further.

Thanks Toni, fortunately I have some options but it also causes a bit headache to pick the right direction. Do you manage subbies interstate or DIY? Can you please share some lesson how to coordinate the reno. Cheers.

We are in bracket of full time workers with 150k combined income and 2 kids. We hope to quit the rat race asap so can take some risk, says 7/10.

Long time reader, first time poster. I've settled down in Melbourne from 2011 from overseas. Get addicted to the forum when searching my first house. I started with a rundown house in Sunshine, then aggressively bought one property each year thanks to a lot of invaluable post from savvy forum...