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Wow you would have to be very disciplined with your spending, good work!* I*agree it can be a good idea to sell an ip. It depends what your strategy is & what you want to achieve I think! One of my ideas/possible strategy is to add value sell later on in say a 1, 2, or 3 years and put the...

Ah ok... I thought I saw one asking $330 k but maybe that was a Kelmscot property. Also you never know, you might get lucky and be able to snag one under value.* Yes I hear you shouldn't spend more than 10% of your purchase price for a Reno so anything lower than this *would be a bonus. I...

Well done on your purchases. I'd love to hear more. Do you have a cash buffer? Wow 5 ips sounds like a big commitment. Yes I agree CG and cashflow are as important as one another. There's no point having wonderful CG if you have a noose tied around your neck for years and years with holding...

No, not true, I do have enough capital. Ppor lvr is 177/275 which will over my deposit, stamps, other costs and also a line of credit for the reno. I'll also have around $60 k in savings soon from the sale of my ip. :) I qualify for $470 k loan. I don't want to spend more than high $300's for...

Ignore all the asterisks as I typed that on my phone ...................................

I too have been considering Gosnells, and also Kelmscott *for development blocks.* I can buy in the above areas for low to mid $300's and will be able to afford the serviceability. IP wont be too NG. I might even be able to turn it neutral by value adding.* One option I'm thinking about...

Yep, lots of possibilities! :)

Yep .........

Yep soon will be. Filling out my loan docs next week I think. So pe-approval soon

Anyway I'm thinking positively. There are always good opportunities out there :)

yeah I know. :( Unfortunately though at the time (a couple of years ago) I wasnt in the position to buy, and then my car died too which set me back financially by quite a few months. hmmmm

I wish I had a crystal ball and could see what suburbs will rise in the next 2 years. I missed the 2004 boom because I wasn't in permanent employment at the time, I don't want to miss out again. The clock is ticking. I'm getting antsy, waiting to fill out my loan docs :eek: I just hope I...

I think the herd are starting to buy in Perth - Peaking ? Did anyone see the article in WA's Sunday times today? Page 8 of the liftout I attached the article. 44 % of the 1000 surveyed are thinking of buying in Perth 2014. I know just the 1000 surveyed is not a large sample to go on...