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I started my portfolio in Syndey with house and land where I targeted growth and instant equity, cash-flow was important but was difficult to get cf+ (Today its easier). Today I buy anything based purely upon the numbers. Needs to be below market value, strong cash-flow + room for solid...

Early days no, now days yes. Its all a personal thing for each investor but for me its a minimisation of risk and estate/tax planning.

It has good upside in medium - long term. Strong cash-flow which enables you to hold onto much more property holdings. Easier to buy below market value % wise. - eg. $50k below on a $200k prop is 25% on a $500k prop is 10%. Minimised risk. Short term, I see it staying stable with the...

Nah no need to flip etc... I dont use LOC or LOE its not for me.

Thanks Invstor, I have average yeild of 14% and LVR of 50%, you dont think that there is fat in there to live off?

Hi Luckyone, Firstly thanks for the kind words. Secondly I dont believe in there being such advice as timing the market I reckon I could sniff around your backyard and find a half dozen good buys in a couple of days if I were to venture there. When purchasing I focus on the deal not on...

Hi Morty, I keep like 80% of them. no hard or fast rules. I like to keep everything however buy the occasional flip which may be not in my best interest to keep. e.g. poor yield, or money borrowed at high interest etc... Financing can be an issue however if you set your purchases up...

Thanks Mate! :) Current holdings 23 IP's. $4,200,000 (approx assets) $2,100,000 (approx debt) Ask more questions away.

Hi JIT, Have added the figures of holdings at that time again I wasnt taking in all factors. First House $248k loan $192k val $350k T/H $140k loan 125k val 250k House $234k loan $222k val $360k House $246.5k loan $202k val $310k Unit $160k loan $160k val $210k TH $137k loan $132k...

W2BW, sure... sitting on around 2mill value wise loans around 1.45 debt... some cheapies, some 300k style jobs... no massive plays however, like 500k+ props.

the good thing with property is, people go buy and rents suffer i get capital gains... they dont buy, and keep renting my rents will go up, or hold.... either way it looks positive, its not like house prices are falling and rents are going down the gurgle aswell...

Nah nbot looking at reducing portfolio, no way of bringing it down... I have stuff that has yet to settle, aswell :) Im optimistic of the future, just next couple of years is slightly blurred. I would rather carry thru, knowing rents are on rise, rates are coming down, and loans may be...

Yeh i agree, this is a time of survival @ present, thos who are cashed up are in good position, those in positions like myself, hang on and ride thru the storm... all i know is in 10 a year timeframe from now, we will be in a better position then we are now... as i read the other day by...

Agree, Skater has no interest in my affairs, only she knows my main area i invest in quiet well. Western sydney is bread and butter, and represents good value with strong demand. I know agents in the area on a friend basis, and i know that they are struggling getting listings at present.

i was worried my tenants an i would loose our jobs tomorrow, and had a great conclusion... 1/2 the taenants in the areas i have props get the dole anyways... so theyl be able to pay the rent :) i have good equity buffers, and aint all in same area...

lvr around 75-80% i just sell car private, when it needs few k spent on it... like braks, rego, tyres etc... save spending the repairs just buy a brand newie with all that brand new.

Hey Bay, the car is cash... as stated before... never ever had a car loan or personal loan....

Hey Everyone, Would like to say thanks to all for the kind words, even more motivating. Also reply to Bayview, Yes close with your numbers... I get $14k of my wage as car allowance, so i claim all my car expenses against this, making that 14k pretty much tax deductable... the...

Thanks Red, Nah dont use either LOC or LOE... Just draw down like a top up loan occasionally to fund new IP's.

Yeh i will reduce at one point, when i feel the time is right i may sell down, but i need to be holding more then i do now. my goal is to hold unencumberd property, however that takes a lot.... i guess if we work with this analogy to get me out of the workforce, say a property rents 200pw and...