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Can't agree anymore! well said. It's like buying a car and not knowing how to drive it. If you buy a place, know what your going to do with it...when to sell, how much renovation ( if any) your going to spend, are you going to cap on the growth in 2, 3 ,4 ? years... Regards Michael

Impressive! so im guessing you buy in rural areas? and was this a "specialized" property ie student accommodation, commercial, service apartment? and with such high yield, you reckon there will space for capital growth still? Regards Michael

All of mine are +ve currently ( 3) First one- held it for over 7 years before it became +ve :( second one - had to spend $20,000 on renovations plus it was not tenanted for 4 month....+ve after 2 years, 1 year after renovations Last one - +ve from day one- but it was a inner city apartment-...