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This question is really something I would like to hear everyone's thoughts on. Or is it too broad of a question? I'm wondering if going forward with slowly building our portfolio, whether we would be better off buying blue chip properties close to capital cities but most of the time I would...

Okay after my Lakemba thread and the many strong opinions against, hehe alot of people mentioned looking out west with my $350-$400k budget. If the criteria is for something close to train stations for easy city access, prefer a house, but wouldn't say no to a unit, would prefer nothing too...

A fellow SS suggested Lakemba as somewhere to maybe take a look at. Since I know nothing of Sydney at all I would welcome your thoughts. This is what I think I know, hahaha:- Close to the CBD Huge ethnic community Rough-ish Not much capital growth over the past 5-10 years 2br Units $175-$200k...

Is anyone looking at Canberra for investment opportunities at the moment? Would love your thoughts. Ready to buy our 2nd IP and we live in Canberra right now. Rejected Canberra as an area for IPs last year because the rental yields weren't enough to sustain the kind of mortgage that buying...

Just wondering if anyone is looking at Geelong Vic for investment now? I know there is a new highway going through there, just wondering if anyone has any opinions on what will happen with property prices and if it's a good area to consider. Especially interested in Grovedale near the...

I was reading the other thread with the poll about debt to fund debt and it seems to be something that many of the Somersoft 'pros' are doing. Can someone please explain to me the "wheres/hows/whys" of this and the benefits? It sounds intriguing and I feel that in the future these are things...

Well we finally got our first IP, something we have long talked and dreamed about but since finding Somersoft I actually had the confidence, support and a little more knowledge to do it. We bought a house in Melton, 5 years old, 3 br, 2 bath, double garage. It's in great condition and I feel...

I am sending my in-laws to look at properties for me in Melton this weekend and I want to send them with a checklist of things to look for/criteria so that I am able to keep the emotion out of the whole thing a little. My mother-in-law has a keen eye for detail which is great, but I don't...

Does this ever happen to anyone else? We are waiting on the approval to come through for the finance for our first IP. I have certainly been researching my area of interest and was feeling all pumped and excited but by the time I went to see the broker and got everything done and now the...

Can anyone recommend a good property manager in Melton? Haven't bought anything yet just want to get all of my ducks in a row and would have already liked to have forged a relationship with whoever will be managing the property. Thanks for any help you can give.

In your own personal experiences with your IP's, who would you say generally makes for a low fuss, good tenant???????? - Families - Couples, no kids - Students - Singles - other I know this will be a hugely general and personal thing but I would be interested in knowing what your own...

For our first IP I'm considering Melton or Waurn Ponds in Geelong. I'm originally from Geelong and know the Waurn Ponds area quite well. Don't really know Melton at all. However after reading the huge Melton thread on here and scouring RE.com for days and reading some of the info posted about...

Thinking about maybe buying interstate and I'm wondering if any people who have bought sight unseen have any advice for me. I'm not saying that I might not be able to fly in for a look around but just wondering if it's not possible, can I still buy something and just try to cover my bases, ask...

My husband and I thought we were ready to put things in place to buy our first IP. He earns well into 6 figures, I have my own business which is young but chugging along nicely. We have finally paid off all consumer debt and now only have our mortgage to contend with. We have alot of...

Thinking of getting our first IP really really soon but am completely figure illiterate. Have briefly spoken with a mortgage broker (we are meeting this coming week) and based on a rough figure of $350K purchase, IO loan fixed interst for 3 years, the repayments appear to be around $2350 per...

I've read a little about Ipswich and it sounds like somewhere to consider for my first IP. I've read through a few old threads but there doesn't appear to be anything in the past 2-3 months so sorry if I'm flogging a dead horse that has been discussed too many times. Can any of you who...

To cut a long story short, we have finally seen the light about property investment and are "mentally" in a position to start the journey to our financial freedom and frankly I'm just beside myself I'm so excited. Just wondering what the first baby steps are to take? We've had a mortgage...

HI all, I've spent the last few weeks reading, reading, reading about the basics, things I need to know to purchase my first IP and a friend who has IP's said I had to have a HDT before moving ahead. That I would regret not doing it now. I've read some threads and just can't get a grasp...