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Just goes to show it pays to get a second opinion. And a third. Then do your own DD. Sigh :/

I'm only going on the latest Hotspotting report for Berwick (the only suburb of greater Melbourne that Ryder's included, everything else is regional). Why don't you believe Berwick fits my strategy out of interest? The population is predominately young families and students, houses are the...

This sounds like the sort of thing I want to do. Thansk for the tips. What about Berwick, do you think that strategy works there? I'm attracted to that area because of capital growth drivers (university campuses there, monash freeway upgrades etc).. I'll crunch the numbers and analyse those...

That's cool, I don't want to subdivide or renovate anything interstate really anyway - too hard basket for now. Yah that's true. Not looking to do any structural reno though - again too hard basket, cosmetic only :)

I need to "work out where I want to buy"? No **** :) Both properties are meant to be buy-and-hold, the strategy being to just buy in high capital growth and keep adding properties (I've budgeted for two per annum at this stage), eventually paying down some in order to gain passive income...

Hi guys, would love some input on my current situation.. Currently have a budget to buy two properties at approx $550k each (all costs inclusive including reno costs). We are on good incomes, currently have 1 IP and our PPR and strategy is to purchase both properties with an aim to achieve a...