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  1. Mick C

    NSW Central Coast

    :p:p:p HAHHAHAH
  2. Mick C

    NSW Central Coast

    ^ local knowledge is king! so i would say it's now just a matter of finding the right property in the right street and at the right price. P.s 5-10 years in my books is more like medium term ...i would say short term is a time period under 5 years...so your strategy and thinking ( planning your...
  3. Mick C

    NSW Central Coast

    That makes more senses...lol your 1st post is a bit vague. ^ if your serviceability/ income is limited than yes i would def focus on rental yield. But really with investing you should make sure you have the budget and ability to hold the property for over 5-7 years to give the property a...
  4. Mick C

    NSW Central Coast

    With an 7% yield on a purchase price of $200,000 you would make $10-$20 p/w after expense generally speaking...not sure if that is a good "shot term strategy".....personally rental yield strategy works for investors who is after an "hold and forgot" type investment and over a long period of...
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