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Fair comment Harro. Good point Jeremy, I never really looked into developing though as I thought (probably wrongly) that you needed a lot of cash/equity to be able to afford a loan for land and construction plus holding costs while the property is being developed. Also the concern of...

Ahh... I feel the nostalgia creeping in. Indeed, the shine came off D3 pretty quickly unfortunately. I agree, I'd love to have additional income but not sure how to go about it, certificates and the like are quite expensive and time consuming without any guarantee that it'll pay off...

Thanks for the feedback CJay, I have looked into different and additional employment opportunities such as a second job but it's a bit of a struggle in this area, higher unemployment levels than state average. Thanks Cliff, I appreciate the honest information.

Ahh, don't worry - I spent many hours and late nights playing Diablo 2 as well! I have an Excell sheet that I throw figures in to see how I'm tracking (it's not complex by any imagination), that was the catalyst for this thread. I put some numbers in there to see where I'd sit with another...

Honestly I'm looking to have sufficient passive income to either supplement my existing income or enable me to choose not to work if I wish, thus obtaining the much sought after financial freedom. 50k passive income would be much more than I earn already and I'd be happy with that, however...

I haven't really looked into NRAS properties at this stage, I'm not too familiar with them but it's certainly worth looking into further. Thanks for the recommendation. I hope it moves soon. I'm a little priced out of the Jetty unfortunately, typically you have to pay quite a premium to...

The properties are in Coffs Harbour and Toormina. The primary reason for investing that location is it's where I grew up and currently live so I'm very familiar with the sale and rental market. The suburbs have experienced moderate growth over the last 5 years and average growth over the last...

Thanks for the feedback everyone. The low income is definitely a factor, I live in what's considered a 'rural' city so wages are naturally much lower. The bank has given me the loans I think primarily because I have no existing debt apart from the investment properties and the rental...

Good afternoon ladies and gents, After many hours of reading through this incredible forum I'm two years into developing my portfolio. But now I'm not sure where to go from here, hopefully someone can offer some insight? I currently have two properties that are essentially...