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Hi guys, Finally got started with my first IP purchase over the weekend. Secured a neat unit in Frankston for a good price. Went in hard with the negotiations and luckily the vendor was keen to move it instead of waiting for other offers first. I have enough cash spare to put down a...

Just wondering if anyone avoids apartment complexes for investment properties? I've heard many people say to avoid them due to potentially high (or rising) body corporate fees as well as rental competition due to having multiple apartments in a block. Just after some more thoughts on this...

I'm new to IPs and thinking about my long term strategy. I understand that you can setup a portfolio so that the mortgage/interest side of things can potentially be covered by the rents (mix of pos and neg geared IPs), but what about the other expenses such as rates etc? Once you have a...

Hi guys, I'm new to the forum :) Just wanting to get some opinions on Coomera, QLD as a location for an IP? I've been talking with a property group about an NRAS development in that location. The numbers seem to stack up, but I'm really unsure on the area as I'm in Melb. I'm nervous...