So basically I'm dreaming if I think I can manage tradies from a distance?  Surely there are investors that have managed to create a reliable team of tradies that they can leave a set of keys somewhere for.  I will be able to spend a lot of weekends up there but I'm not looking at DIY.  I want to only do cosmetic renovations and it will be in an…[Read more]

Thanks for the feedback.There is a common theme surrounding due diligence and planning which is good to see as it has been my main focus for my education from day 1.  I have just invested in The Complete Renovation System from Dean and Elise Parker.  I've got confidence that this product will help give me with the tools and mindset to ensure my…[Read more]

Thanks guys.Adrien – I've thought about doing renos on units as from what I can tell there is so much potential in Dee Why in the Northern Beaches of Sydney.  I have lived there for 20 months and know the local demographics pretty well.  I'm scared off by units mainly because of lack of knowledge but also because I have developed my own u…[Read more]

echelon6 I'm in the same boat only 23 and similiar capitol.  I'm going to head down the reno path sometime early next year.  I'm currently weighing up whether to use the no stamp duty and FHOG option or scrap them both and avoid moving.  There are a few lower cost Townhouses that pop up on occassion in Balmain around the $500k mark.  I've got my…[Read more]

Thanks for taking the time to reply Ryan.The goal is to be financially free but I lack capitol that is my own to invest in positive cashflow properties – the capitol is from a money partner that is a relative.  I can't look at positive cashflow properties just yet as the capitol isn't mine to hold with.  Long term though this is what I will be a…[Read more]

Thanks for the feedback.I will be purchasing the package this month – birthday is coming up so why not I say.I have never had a home that I own little alone an IP.  Adding value to a property and then selling seems like the best place for my girlfriend and I to start and it looks like this package will give me the insights to better prepare my…[Read more]

Be sure to let us know what the end result is.  Interested to know.Thanks,Clint