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Heavily discounted purchases? How do you find these? Stuart, is this a house or unit you're buying? As for the 50k on Granny Flats, is that how much it costs for someone with contacts in the building industry? Because i have zero contacts, i wouldnt even know where to start when it comes to...

Well hopefully Parramatta council let me build something at the back of this yard to make it cashflow positive overall, then ill be a bit happier. Hmmm, so does looking for a house that where I can put a granny flat at the back work? Or do you mean find one that already has a granny flat on it?

I wouldnt mind that, but i cant seem to find any in the areas that i know. Everything is cashflow negative. Any areas in particular that you recommend? Its probably gone up by $50k, pretty small in the whole scheme of things seeing its been over 6 years already. And no its not cash flow...

Hi All, Im looking to purchase an investment property in Sydney. Ive currently got an existing investment property in Ermington (Parramatta Council) that i purchased in 2003 (not the best investment to date - bought in 03 for around 480, and its probably still worth that much :(). Reading...