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Well all the due dilligence we go into as investors is to give us (not a complete list by the way): Good or better than average Capital Growth Better than average rental returns Low vacancy (tenants want to live there) Good quality of tenant (don't trash the place) An easy property to sell in a...

I misunderstood your post then - sorry. But please before you invest $700K you need to do some (read lots) of reading on what makes a good investment and what to watch out for.... and REAs telling porkies is just one to watch out for. Now you are patronizing me :p I'm genuinely interested in...

Well "May God have mercy on you" :D You do know that a REA is the vendor's agent don't you? They are not there to represent your best interests but the seller's. NEVER EVER EVER rely solely on the word of a REA. Shows how much you know ;). In all seriousness, with nearly $3/4Million dollars...

When I mentioned Glebe it was so that you did not want to spend the whole $700K on a fixer-upper when you'd never done it before. Just a bit of risk mitigation. But there's nothing wrong with Glebe per se` either :D No need to fib a little on here. Most property investors are not in the...

Hey Pablo - ease up - slow down there boy! :eek: You and I would do exactly this - or more - but we've been doing it for a few years. I have no issues with the strategy..........BUT this is a University kid (OK smart kid) with zero experience in knowing what to look for in a property - like...