Hi Ritchie,
I personally own six unit blocks ranging from 3-5 units on the one title. I have also been involved in helping others finance blocks with up to 9 units on the one title.
I love buying these blocks because you can often strata title them and sell off the units one by one for a profit...
Port Macquarie is a great place to invest at the moment. I own nine properties in the town and I can't believe the demand for rentals at the moment.
To give you an example; I recently listed a 3 bedroom unit for $320 and I had 40 people call up within three days. Crazy!!!
This demand is...
I have found Percival property pretty good. However, I have nine properties in Port Macquarie and I manage these properties myself.
The rental market is extremely tight at the moment due to the highway work contractors being in town.
Its a good time to own property in this town. :)
Buy and hold is my favorite strategy at the moment. The properties must be positive geared so lending isn't restricted as you acquire more properties.
I also like the strategy of buying properties at under market value so I can use the equity as a line of credit into the next property. (you...