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Gday, can somebody offer some sound advice on the following. I have found our first IP's on Fri (two seperate units in two seperate complexes - QLD), made a verbal offers for which I said I would submit a formal letter of offer to the REA as soon as I returned home that arvo via fax. The...

Gday everyone, my wife and I are looking for our first IP and our budget limits us to an outside of $150k. We are certainly looking at a buy and hold stratergy with a lot of interest in positive cashflow properties. We have found there to be none located so far in which would return a positive...