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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.

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...

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...

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

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.

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...

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...