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Thanks for the sound advice Jacque. 3 weeks ago I prepaid 12 months interest on my Sydney property, so I'm quite comfortable that should something go wrong the cash flow will be there to get us through. Of course property is long term and I need to ensure I can cover the losses every year until...

I need super low-maintenance property. Do units fair well in Frankston do you think, or do I need to focus on land? It would be my preference to find a well located unit close to the beach vs a house with good land further from the beach. Is there any demand for units in Frankston do you think?

Thanks for your understanding but trust me... buying the worst IP in the worst performing suburb in Australia would STILL be a better investment than how I've chosen to spend money in the past.

Yes we all know the so-called golden rules are to buy CF+ property or property that we can 'add value to and/or renovate' so we're getting income straight away, but please remember that not everybody works a regular job and has weekends free to study property. I work 80 hours a week (and most...

I don't want to pay down the loans on the ones I have, I'd rather get the tax deductions and use the surplus cash to purchase another property. I'm permanently time poor and the other IPs were purchased via BA's when I was away for work in Canada. Thanks for the recommendation on Ipswich...

They say you should buy as soon as you can right? Since buying 2 IPs in March I haven't been able to make any clear decisions on the next step. I tend to favour inner city property but am thinking for diversification to look at regional or outer suburban property. Current bank will allow me...