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There probably are investors out there that have saved up for each of their IPs but I would have to imagine that they are on very good incomes and squeezing every penny. The time between IPs is probably a considerable amount aswell. At the end of the day you have to find a happy medium where...

We have considered having someone move in here but only one bathroom and kitchen so it would need to be a friend for us to be able to put up with them! Plus it probably would turn into bit of a hassle down the track I would think. You probably are right, it is probably a good thing it hasn't...

Your right, it is very handy that they are willing to give us a hand. Thats if things go to plan - which nothing ever does! Nothing is certain, they could change their minds! We are so motivated at the moment to get into more IPs that it actually really annoying. Mostly because we can't afford...

I totally agree with you there tess. You don't need high incomes in order to invest, it just means you have to make sure you buy well and under value! My partner and I are on combined total of around the 90k mark. No great feat at all, I am still doing my apprenticeship and she is just starting...

Great stuff Pretzel. You are doing well, 3 IP's and a PPOR! Good purchases too by what you have written up! I have only really started getting into the whole PI stuff and I feel somewhat like your husband! Can't get away from it now, every time I learn something new and interesting I just have...

I think the ppor isnt really considered as an investment in the sense that it doesnt bring you in any income, it just adds to your non tax deductable debt. We are currently living in our ppor but before the years end we wil be moving out to rent. I did the figures for our situation and renting...

Lately I've been looking into the idea of building a granny flat out back. Been having bit of a look around and it seems that the price range for one of these would be about the 70k mark. Might be an idea to increasing the cashflow on the property we live in now. We have a 720sqm block with lots...

Inspiring stuff tess! I hope we might be able to get our first IP this year. My partner just got a job as a Property Managers Assistant which will come in handy. Both of us are low income earners at the moment, which really does hold you back to get into the next property but we are determined...

I'm 23, my partner is 20. We bought our first place for $345,000 in South Western Sydney. It's a 4 bed house, we borrowed $293,000 to get it. It is currently being rented, not sure what the market value is at the moment. We will move in, renovate a bit and move back out to my partners parents...