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Hi Moneyman_85, All of my recent due dilligence is in SE QLD, however if the numbers work with a spectacular buy in Sydney I won't hesitate. Property #3 & #4 have to be equity plays - so whilst I'm conscious about cash flow, it's not my primary focus. I'm looking at properties that will...

Hi guys, Thanks for the kind words. I'm just about to start the search for #3 once I get back from overseas so I'll keep you posted on how that goes and share the details once it goes unconditional. Thanks, N.

Thanks for the kind words sandyfeet. I'm just finalising my top up on St Marys & my next pre-approval, which will see me with approx $50,000 in cash to play with. I've also got a further $15,000 that I won't touch as it's for contingency on the current properties. I like to try to work on...

Hi Redwing, Thanks for the kind words. Here is the link to the thread for purchase #2 (settlement was 17 Feb 2014): http://somersoft.com/forums/showthread.php?p=1135957#post1135957 I try to provide as much detail and clarity as I can; and will continue to into the future with...

Hi guys, Was just reading this old thread, and I just wanted to give you an update on how this property has performed over the past 12 months. I have recently had the property valued and it came back at $275,000 - which equates to a $70,000 equity increase in<12 months, or 34.14% equity...

Thanks for the kind words jmillar. I'm glad to hear you've found yourself another good property at Jamisontown. Congrats! The size is including the car space, which is 19sqm. Unit is 65sqm by itself. I'm not surprised they are still listed DaveM.... The RE agent will be bombarded with...

Hi guys Thanks so much for all your kindness and support. I also forgot to mention the size of the unit is 84m2. In response to some of the questions: Thanks dtraeger2k. The depreciation schedule is being sorted next couple of weeks, and the property is ~35 yrs old. The pics highlight the...

Here are the rest - apologies for the quality, were taken on the iPad. There is also a sizeable lounge and living room area which unfortunately for some reason I didn't get a picture of. Regards, Nixba

Here are the first 5 pictures, the rest to follow. Nixba

No - it's the other side of the Great Western Highway - it's just down the road from Victoria Park in St Marys. Nixba

The St Mary's ALDI just off the Great Western Highway Thanks, Nixba

Hi all, Long time reader, first time poster. This is such a great site for young investors such as myself, so thank you all so much for your contributions and wisdom. In terms of a brief background on myself, I just turned 23 and after 2 yrs of saving hard, reading, planning and...