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  1. M

    My borrowing capacity

    Thanks guys this gives me something to think about. Cheers, Mitchell
  2. M

    My borrowing capacity

    All loans are with ANZ and are not crossed. Next property will be an IP and I plan to keep accumulating properties. Should I stay with ANZ as long as possible?
  3. M

    My borrowing capacity

    Hi guys, I am looking to buy again and would like to know what I have to play with. Help would be greatly appreciated. PPOR loan $230k - value $330k IP 1 loan $370k - value $490k ($525 week rent) IP 2 loan $200k - value $260k ($300 week rent) IP 3 loan $405k - value $430k ( $460 week rent)...
  4. M

    My Story 10+ Properties by 30 yo

    Very inspiring Michael! I was just wondering what you have done with your first buy? I hve also bought a unit with high body corporate . Its in a high rise building in the Brisbane CBD. I bought it about 8 years ago and is still negatively geared. I am thinking i might cut my losses and...
  5. M

    Asbestos course

    Thanks Jamie will leave it to the professionals
  6. M

    Asbestos course

    No quote yet, just assumed it would cost a fair bit. Going off your prices it shouldn't be too bad. Cheers
  7. M

    Asbestos course

    One of my properties has asbestos in the bathroom. As it is quiet expensive to pay someone to remove it would it be worth doing the course myself to remove it. Has anyoe done the course? Will it save me money?
  8. M

    Plans for the future

    Great work Nhg and MXia! Mxia I just sent you a PM with some questions
  9. M

    Plans for the future

    Hey Eeho I will personal message you
  10. M

    Plans for the future

    Sounds like you are doing well.! How many properties do you plan on getting? Do you plan on selling any once you turn 35?
  11. M

    Plans for the future

    Hi guys, firstly I would like to thank all you experienced investors for sharing your knowledge. Since joining the forum a couple of months ago I find myself spending hours on the site everyday! I'm learning something new every day. I am interested to know what peoples short and long term...
  12. M

    Brisbane suburbs?

    Thanks zimby
  13. M

    Brisbane suburbs?

    What are people's thoughts on Springfield?
  14. M

    Brisbane suburbs?

    Thanks for the comments. I suppose with quality suburbs you should always see constant long term CG. Houses 5-8 km from city in the $500k price range may require some cosmetic renos which I don't mind doing.
  15. M

    Brisbane suburbs?

    Thanks Rixter. Why do you suggest these areas?
  16. M

    Brisbane suburbs?

    Thanks for the reply RPI. I will check out the link. Which suburbs would you recommend doing this?
  17. M

    Brisbane suburbs?

    Hi guys, I will be flying down to Brisbane in a couple of weeks to check out some suburbs in invest in. My price range is between $400k-$600k and will be holding for the long term. Would prefer houses, however I don't mind units and townhouses in small complexes. People seem to be talking up...
  18. M

    What would you do??

    Yeah their are definitely a lot of unhappy people out at the mines. I have already been out at the mines for 8 years and although I have three properties now I have only just really started to take property investing seriously. If you don't mind sharing i would love to hear a bit about how you...
  19. M

    What would you do??

    Thanks for the comment nhg. I may need to think a little more about my plan. It's just I am keen to get things rolling. I have a mining job with good income for now but I want to get out of it after 5-8 years. I am hoping to set myself up in this timeframe
  20. M

    What would you do??

    So ideally you need around 10 properties for this method to be effective?
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