Recent content by Mr_Jaq

  1. M

    Reflections of an investment newbie

    Yep, but I think my next purchase will be done with a saved deposit. That's the beauty of positively geared properties as it accelerates your saving for your next one.
  2. M

    Reflections of an investment newbie

    Hey glasszon, I guess it all depends on your experience. I was new to investing, and new to understanding building condition, so I took as many photos and notes as possible. The aim was to have an extensive record of each property for reflection at the end of the day. I found this crucial as...
  3. M

    Reflections of an investment newbie

    KT_Blues, I spent about 3 months researching, and then it was an iterative process of shortlisting for the next 6 weeks amongst the 2 trips up to Logan. I found there was already a lot of investor activity in the area, and interstate investors were buying site unseen! I had to update my...
  4. M

    Reflections of an investment newbie

    Thanks Tristan1, that's what I was going for :)
  5. M

    Reflections of an investment newbie

    Went looking in the Logan area, and bought in Browns Plains. Yeah I made sure I did enough due diligence to be comfortable. Particularly as this was an interstate purchase in a lower social economic area, which contrasts against my 'buy local and buy affluent blue chip area' upbringing.
  6. M

    Maroubra

    Totally agree that the area is gentrifying! So much so, that the American named streets are now a whole lot safer than what they used to be back in the day. In fact this pocket of Maroubra has become a haven for developers who purchase ex-housing commission houses, demolish, and build town...
  7. M

    Reflections of an investment newbie

    Hi everyone, I've been reading this forum for quite some time now, but never have written a post (apart from PM's). Having just successfully bought and tenanted my first investment this week I think it's time I gave back to the forum and in particular to those who are starting out. Recently...
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