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Hey guys. This has been an awesome read from you both. big question from me is sounds like you have a great idea of what is happening.
Ive got an investment in melbourne, that i want to sell in a few years. hopefully reap the benifits and buy a house in Sydney and hope have some left over for more investments.reading all this what do you guys think will happen, this doom and gloom that is being mentioned. what research have you got this all from keen to learn all this as starting new in this game. and a 20 million portfolio sound i nice goal to achieve for.
thanks
I have a rental in corio bought this time last year, does anyone know the lastest update for that area in growth potential over the 3 years and where did u get the info from.
cheers
colthanks Richard
Morgage insurance aparently stopped it for us.
we have 2 dependents, renting a place for 630wk enough for a mortage, but only place that would take a dog.
want to get ourself in our own place but didnt want money sitting in the bank doing nothing.
dont want to do refinance but looks like we will have to unless the growth of our investment comes off in next 12 months.
just hate renting with 2 kids and a wife as we want our own house again, we moved for work but lost a good chunk of money selling and coming back to sydney so need to build it back up.
im on about 75 – 80 k a year.wife will go back casual for 6 months probable.
Thanks for that will have a look at these areas…
