Duckster……excellent response.Much appreciated,  I will work through this and see what's specifically applicable to my situation.Again thanks.BlackLab 

hydramax wrote:
I went to a seminar the other night in Sydney and was told that Frankston council has earmarked $500M (thats 500 million) over the next 20 years in infrastructure development. The woman giving the talk, has written several books on real estate investing and chose Frankston as her No 1 pick in all of Australia followed by…[Read more]

pwinne wrote:
Hi Blacklab, are you looking in Bendigo or Ballarat?

Hi Pwinne, Looking in Bendigo.

Qlds007 wrote:
Must admit i have a fair number of units in my portfolio and dont see an issue as long as you throughly check$ out the Body Corporate fees and Sinking fund provisions first.Just financed a deal for a client where the block of 12…[Read more]

Michael,Your a true gentleman. I received the property report. very good info.Thanks again.

Well that kind of links to my next question….Some people say that you should never sell your IP's. But how does it help one if they have 10 or 20 IP's that simply sit there and pay themsleves off with the rent received? I agree that you may not have to put extra cash into the IP's to pay them off but it doesnt mean that you have any cash to do…[Read more]