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If you need a hand or have any a question, feel free to text msg me on Skype...my Skype nick can be found on my SS contacts page.

Thanks cu@thetop. There is plenty of wealth out there for all of us to share around.

Srini linked to this thread a couple days ago from her post here . As the thread's a few years old, I thought I'd provide an update.... After 15 years of property investment we've finally exited the Rat Race last year and retired early, relocating to Victoria. Currently in portfolio...

Approx $100,000.00 odd.

Looking at comparative sales data over the past year sales appear to have been in the upper $300k's to Low $400k's

Another Villa in the same Sydney complex went on the market last week, asking $36,000 more than I paid when I settled on it 3 months ago. Just checked its sale status and its now shown as Under Contract. Identical villa, just the floor plan is mirror image. Interesting times.

Hi Lawry, All the portfolio cash flow is serviced via Wages in the acquisition stage; Rental Income and increases along the way; the Tax man from cash & non-cash ( buildings depreciation & fittings/fixtures depreciation) deductions; your LOC/s and/or Cash Bond Structure; and any other forms of...

Ha ha ....yeah I just received an updated alert with another price yet again. You probably right about it changing again in 3 months. On a serious note, take a drive that way and have a look around - that pocket including that street in particular is being made over and redeveloped.

Ok, query sorted, I phoned the REA. It is a typo (blaming the junior) and I dont think the agent is too competent. Both the email alerts sent and the online internet prices are advertised wrong. I am now told the asking price is $350k... but give it time as that may even change ha ha Tells me...

Nope, different properties.

Yeah weird......must be a typo. Alert shows $399k yet website shows $339k.

Hi Santa, can you post the link?

Thanks a lot everyone for all your positive comments. I still have my property alerts set up online and received an email alert a couple days ago for a property that has just come onto the market. It is located in the same complex I just settled on in Sydney. The property is identical to mine...

Hi Michael. Yes thanks for that.......I had seen similar articles written. These all played a part in my decision into why I chose the area. That's the 'government injection' part I use in my Macro DD selection criteria. Yes, I totally agree with you. Some go out and make it happen, whilst...

Hi Rewing, Equity accessed for future purchases are apportioned against the property they were used to purchase, same as the rental income. Not against the property used to secure the access. Is that what you were asking - Does that explain it?

Hi Virgo, Yes thats what my Macro DD leads me thinking also. Btw...in 10 years time todays prices are "cheap"... :)

Hi Sheryn, IP No 1's rent is $14560 p/a. - its mortgage is $5239 p/a. Bought 2000 and its tripled in value from $99k to $300k IP No 2's rent is $18700 p/a. - its mortgage is $6636 p/a. Bought 2001 and its also tripled in value from $123k to $380k. From our portfolio's CF perspective earlier...

What suburb is that?

9 years worth of demand from my current tenant so far. :p :D

Hi 2bob, Strata fees are very low compared to others. This a particular complex is $330 p/qtr.