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I have finally managed to save a small deposit for my first investment property but its only enough for a unit. I understand the value of a house can go up by approx 4% per year, which sounds great to me because then I could build my portfolio. I am wondering about the value of a unit? Does it...

We are going through the long, annoying, and seemingly invasive process of getting our first home loan (for our first IP). I would like to get some people's opinions on which way to go ... We were in the process of adopting a child when we got told 6 months ago that we could go no further...

We are looking at buying an IP house in Melton, Vic. Looking at a loan of around $190-$200,000. Anyone have any advice as to what priced properties we should be looking at and at what price to start negotiating? Also, is it worthwhile talking to some RE agents re: any properties not listed...

I am looking at buying an IP in Melton due to the good rental yields and rise in the market of late. I know alot of info about Melton (form own research and reading posts here), but am wondering if the same thing applies to Kuunjang? Seems to be very nice houses there for under $220,000 Kristy

I'm looking at a (house and land) property for sale that has opportunity to purchase as a package the back block with plans and permits for 2 x 2 bedroom units for $230,000 or just the home for $180,000 in Victoria. How much would it cost me to then build to units (including subdivision...

Now that we've paid off most of our bad debts, we want to save for our first IP. We can save $700 / fortnight. What do people suggest for best/ quickest way to save (ie; savings account with high interest, stocks, etc)???:confused:

We are buying our first investment property. We have the opportunity to either buy a house in Melton, Victoria (where land values are starting to go up) for $160,000 renting out for $180-190/ wk, or a property in Eaglehawk (Bendigo), Victoria for $120,000 renting for $130/wk and is on a large...

Just found a house that is ready to rent out and potential to subdivide. If I got council approval (by the way how do you do this?) and was able to subdivide, could this be a good idea? What I would plan to do with this property would be to subdivide and then sell that land when prices rise...

There are a couple houses I had my eye on a month ago that have now been under contract/ under offer for almost a month now. I'm wondering how long they can stay that way? I'm wondering if it's worth me keeping an eye on them in case they fall through, therefore giving me a chance to make an...

Looking at getting my first IP. Don't want to go higher than $170,000. Where's best places to look? Hoping to buy where there is a good chance of a boom in the next 12 months.;)

I would love to hear some stories from people in this forum who started their IP building with no assets. How quickly they built their portfolio, and how soon they aquired equity. Advice, and what they would and wouldn't do if had to do it over. Did anyone start with 100% loans? Thanks...

Wondering if anyone has used MOMENTUM Wealth, or any other similar program, and are they worth the money???

Wondering how soon after purchasing an IP should I get a quantity surveyor in???

We are looking at buying our first IP. It will cost us around $145,000, with a rental return of $185/wk. The loan we are looking at is 95% with 7.25% fixed. I am wondering how much all the extras are going to cost? I already know the stamp duty, mortgage reg fee, transfer fee, mortgage...

Read the book "more wealth", and got all excited! Started looking into buying my first IP, and now just not so sure! My husband earns a steady $92,000 pa (working for the mines), and I get approx $12,000 pa for Family Tax Payment (stay at home mum and Homeschool). We have no properties, and we...