Search results

  1. Michael_X

    sw, w, nw sydney vs apart or house brisbane

    Yep, I have multiple loans with most banks. As you continue down the order you basically take funds wherever you can get it :) IP12 settled last week. Moving forward the plan is to purchase two more using SMSF with folks and then let time do it's thing and work on my own business. A few years...
  2. Michael_X

    sw, w, nw sydney vs apart or house brisbane

    If that is your strategy to create equity early then renovating an old house is one way to do this. It worked great for me. Then the question is do you want to spend the time to manage an interstate renovation - it can be done, just depends on time, resources, experience etc. There is no right...
  3. Michael_X

    sw, w, nw sydney vs apart or house brisbane

    I don't mind either houses or units. Both have pros and cons, it's more so on the deal itself and how they align with your goals. If you aren't looking for major value adds and looking for higher yield then maybe go for units. If you want to add value, don't mind a lower yield then maybe go...
  4. Michael_X

    sw, w, nw sydney vs apart or house brisbane

    Long term wise it's hard to beat Sydney but is it the right time to buy in Sydney? My assumption is you are buying for investment purposes? Chatting to several experienced investors on Somersoft, they are either selling their stock in Sydney or buying elsewhere. They have been in the game alot...
Back
Top