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Yes I don't mind the extra stress in life. I would be far more stressed out going through life not investing & worrying about how I'll support myself in retirement. All investments have risk, but its far riskier to do nothing in

Good points and I have this all covered! I'll have the cashflow and cash savings to afford to do this development. I have been saving approx $1000 per month living with parents so I have $1000 excess cashflow that will help with holding costs. I will also be selling my ip in October...

Thanks ............

thanks for the link oh no... file is damaged I cant open it. I'll do a google search, and see what else I can find.

Yep this is the strategy. Thanks for explaining it! :) Yep, its not ancillary (granny flat build). Its a Single bed dwelling build. There will also be a study which can be used as a 2nd bedroom. After I build the dwelling I can subdivide at some stage in the future so I can have the...

Yep it's a single unit dwelling (2 bed) & yes in WA

Hi Thanks for your input This is my chosen strategy as I can only afford to be NG for the 12 months it takes to construct the 2 bed unit. Once its constructed I will move out of my parents house back into my ppor. Properties need to be cashflow neutral/positive by the time I move. I...

APK's Development strategy - Ancillary unit - Dual income I have committed to a strategy with my BA and I'm keen to share my journey! I'll tell you a little about it. These are some notes I made. Total Loan borrowings $550 k - $600 k House $370 K Construction of a 2 bed 70 sqm...