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Thanks a lot for your replies everyone, you've given me a lot to think about! I've done a search on joint ventures and I now see there are some serious issues relating to them. I'll continue reading up on them, but it would appear that my sister and I would be better off doing things on our...

Thanks a lot for your reply and thoughts BV. My sister and I were also thinking against selling and buying again due to the costs involved and had been thinking it would be better to hold onto the property and then as you suggested, leverage against it to expand our portfolio that way...

G’day folks, Thought I’d give a quick introduction, a bit of background and some information on my current situation before I begin to ask some questions. Also wanted to say how glad I am that I stumbled upon this fantastic site, it looks to be a great resource for all those interested in...