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  • Profile photo of ChadwickChadwick
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    @chadwick
    Join Date: 2003
    Post Count: 1

    Good point AD.

    I have a general idea of how i want to reach my goal, but i think its time to work out the intricacies of it.

    The general idea is to buy units/semi-detached for between 50-70 to start with, renovate, spending 5-10k max, rent out, revalue and increase LOC on revaluation to go again. This has worked beautifully on our current property, pd 53k 2yrs ago less than 5 min from city in Adel, have spent about 7k doing up (incl a/c & bathroom) and was just revalued at 110k by bank. But i do understand that the CG’s like that can’t be expected for the future, so need to focus on the +ve cashflow.

    Do u have hints for how i can develop my strategy?

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