I think you make some good points!!

You need toi spend money to make money and by utilizing the services of professionals you can potentially save yourself lots of money down the track and also find better opportunities.

As you said, they key is knowing where to draw the line! It's also important to understand exactly what these professionals…[Read more]

yeah I would definitely look at buying PG properties that have good CG potential, but honestly I haven't done any due diligence on my part to find any so I can't really comment. I guess I've just taken it at face value from what I've read and what people say..that PG properties are most often not in high CG areas. I'm sure you can find ones which…[Read more]

Good points Jotham!

I've already bought one now looking to purchase 2nd which shouldn't be a problem but you're right that it will be harder to obtain financing for the 3rd, 4th properties which is why I wouldn't at all be opposed to buying PG properties to help with serviceability.

I haven't done enough research on PG properties as yet so I…[Read more]

Thanks for the advice Jotham!

The only reason I haven't emphasized buying PG properties is that, from what I gather, PG properties are mostly found in low growth areas, hence this strategy may stifle the growth of my asset base sooner than -ve geared properties. ( I'm assuming equity growth will be faster in -ve properties, hence I can use…[Read more]

Hi Richard,could you please send me a copy of your article to [email protected]!!