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MCS, where there is a will, there is a way. Sure, you may not buy vastly expensive properties with low yields, but if you want to invest, then you can. You may find that you have to look outside your immediate area to do it (we did), but if you really want it, it's possible. When we...

That's the point I was trying to make. We started out self employed with an income that was almost half the average at the time. Today we have only one wage earner, unless you call the $100pw that I make an income, and invest mainly in Sydney. Not stopping us either. :D I would suggest...

Here is another example of someone who has a good yield and has bought more than one or two (presuming, of course, that "a bunch" means more than two) in a city. I'm betting he did not sacrifice CG for cashflow either.

I know! I see it all the time. :rolleyes: What a lot of investors fail to realise is that you need to get a good rent return. If you don't, not only are you tied to something that is bleeding you dry, you are also hobbling yourself so that you physically can't buy more properties. Many...

All I can say is "Perceived reality is reality to the perceiver." :confused: There are plenty of investors that have 10 or more IP's. Sure not everyone does, but take a look around. Look at the polls that forumites have posted previously on number of IP's. You also don't have to go to...

All houses except one.:D As I posted in another thread, the CG is slow and steady ATM. It has been about 10-20% in the last year or so. It usually works it's way out from the centre. I'm expecting things to hot up a bit more in the next couple of years, as places become unaffordable closer...

It all depends on where you invest. I have several in Sydney, admittedly on the outskirts, where I have properties that if I were to sell, the buy price would be mid $200k. The rent on these are around $280pw. The latest one I purchased was $150k and is rented @ $230pw. There is no way I...

No, I also expect to get CG from my properties.

I hate to dissillusion you Jaycee, but I don't do share houses at all. Out of the people mentioned above, I am more like Sash. I don't buy expensive properties. I like a good yield and increase rents as soon as possible. I usually buy for well under market value. However, I have also made...

Being CF+ it would be net. It is quite easily achievable, but as I said before, you have to be in the market for enough time for inflation to do it's magic. Most of my rents have gone up $100pw in the last couple of years. Seeing as the portfolio was more or less neutral, that is an extra...

And what is wrong with 10-20 years? Isn't that a whole lot quicker than NOT having IPs. If you are looking for cashflow, have you targeted homes that will provide for this, or have you purchased expensive properties with a 3-4% yeild? Have you looked at options to increase the cashflow ie...

So, Daniel, you think you need 5 fully paid of IP's to live comfortably? Why do you think this is not achieveable? As Nathan said, inflation works wonders over time. I am guessing that you have only been investing for a few years. Give it more time. The rewards are there, but they don't...