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  1. Achimy

    When people say, look at how the deal affects your portfolio, what does this mean?

    For example, Let's say my goal is 60k passive income, @ 5% yield = $1,200,000 mil portfolio paid off completely. Now let's say the first property I buy is a 170k townhouse renting at $260. How does this fit into the bigger picture. Okay, now I need $1,030,000 of assets, but my yield...
  2. Achimy

    Live research. Feedback and learning steps.

    Alright all, time to practice some live research (via computer only) FOR MY FIRST INVESTMENT PROPERTY!. All feedback and criticism is welcome and the purpose of this is to refine and identify a best practice approach to the way research is conducted. 1. Get pre-admin stuff sorted...
  3. Achimy

    Why do some people have success with BA's whilst others don't?

    How do some people manage to get the most out of a Buyer's Agent and use them successfully, whilst others say "oh no I didn't like it, I regret it...I could've done it myself". Are the unsuccessful people who have no clue, go to a BA and seek to utilise their services? For e.g. a lot of...
  4. Achimy

    Redcliffe Peninsula, Kippa-Ring etc.

    What are people's opinions on this area or what can any investors (who have either made money or have invested) discuss about this area? From my research so far, obviously the big driver of potential growth in the near to medium term will be the new train station. The lifestyle aspect is that...
  5. Achimy

    Best use of my money whilst I search for a property?

    Hi all, Currently I have about 30k sitting in a savings account doing nothing but earning a meagre 4% interest.... Obviously the whole point of investing is to make sure my money is working hard for me. But 4% is pretty bad. Is there a better use or better place the money can be placed to...
  6. Achimy

    What to ask council? Also Zoning maps and how to read them, what info is important?

    Hi all, 1. I'm looking to understand what exactly to questions to ask council when researching an area (re-zoning?) and why this is important to know (I'M SIMPLY DOING A BUY AND HOLD STRATEGY OTHERWISE I UNDERSTAND YOU GO TO THEM TO UNDERSTAND WHAT TO DO FOR A SUBDIVISION, DEVELOPMENT ETC.)...
  7. Achimy

    Could someone talk me through a cosmetic reno from research to reno

    Hi All, I'm a bit confused into what goes into identifying something that has the potential to have value added to it through a cosmetic reno. For example, let's say you identify an area which you can afford, you start looking at numbers only (yields, vacancies, stock on market blah blah). And...
  8. Achimy

    Buying "Under market value" and giving low ball offers

    Hi, I'm new to these forums but I've been interested in property investing since I started in the rat race (9 months ago). I've been stuck in analysis paralysis but I finally feel I know which areas I want to invest in, and will start calling locals/agents to find out more about the area to...
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