Hi all,
New member here from
Sydney.i have been reading the forums for a few days and am very excited to meet like minded people and learn all I can!
Will give you a rundown of my short story so far and where I'm hoping to move forward.
My name is Alex, I'm 23, a licensed builder and recently have enrolled in a masters in property development at UTS. I have recently started the IP game and am absolutely loving it. My goal is to be able to use property investment and development as a sustainable income.
I have a property in Colyton near St Clair (west syd) Which I purchased in 2013. I have added a granny flat on the back.
Total invested $450k with a total return of $670pw.
I recently purchased and renovated a property on the central coast (woy woy) and am in the process of finding out whether a granny flat is feasible.
Total outlay (including renovations) $370k returning $370pw.
I have been looking into QLD next around Nerang but will have to research further and am hoping to get any advice and to wait and see what my equity looks like after the reval on both properties. I am looking forward to sharing and gaining as much knowledge as possible and hopefully meeting many of you as not many of my friends have a shared interest in property investment.
New member here from
Sydney.i have been reading the forums for a few days and am very excited to meet like minded people and learn all I can!
Will give you a rundown of my short story so far and where I'm hoping to move forward.
My name is Alex, I'm 23, a licensed builder and recently have enrolled in a masters in property development at UTS. I have recently started the IP game and am absolutely loving it. My goal is to be able to use property investment and development as a sustainable income.
I have a property in Colyton near St Clair (west syd) Which I purchased in 2013. I have added a granny flat on the back.
Total invested $450k with a total return of $670pw.
I recently purchased and renovated a property on the central coast (woy woy) and am in the process of finding out whether a granny flat is feasible.
Total outlay (including renovations) $370k returning $370pw.
I have been looking into QLD next around Nerang but will have to research further and am hoping to get any advice and to wait and see what my equity looks like after the reval on both properties. I am looking forward to sharing and gaining as much knowledge as possible and hopefully meeting many of you as not many of my friends have a shared interest in property investment.