Quote:
Originally posted by padmaa23108:[/i
At no point in my post was I suggesting to go and buy 10 properties outright. I was merely pointing out how much equity you have and how you are not using it to your advantage. I am saying this with great trepidation, but at the moment seems to me you are making everybody else richer than yourself…[Read more]

I am taking all this in, so thanks for your comments.

As “luck” and I emphasise “luck” would have it, we bought our first home in 1985 and second in 1997.

I think at this stage we will use the time wisely and really take our time looking for the best deal(s). We are certainly not considering using debt to live off (I’d rather use an income…[Read more]

Derek

Our Goal: We are in our early 40’s and don’t really want to work until 60, if we don’t have to, so passive income and early retirement is a goal. If not early retirement, then we would like to be able to travel and enjoy retirement without relying on super only). We both enjoy (but not love!) our jobs, so we are not looking for a quick…[Read more]

“If You never never ask, you’ll never never know”
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Thanks everyone for their input. Yes, indecision doesn’t get you too far and mostly I am a very decisive person. Knowledge is power, so thanks for your “expertise”. Much appreciated.

Det. [evo]

Yes, there are more ways to invest than just property. I suppose it’s about educating yourself and choosing the one you are most comfortable with at the time. Thanks for the thought.

Det[suave2]

Thanks Foundation and Smethem

Maybe it’s wise to just sit and watch (and use the time doing a bit extra due diligence). We would really like to buy an IP (we feel like we have learnt so much already, perhaps have a lot of things ‘doing’ but haven’t actually ‘done’ anything. I’ve sent my husband all over the countryside and we’ve recently put…[Read more]

Simon, I was going to ask if anybody had dealt with Hunter House Hunters before. They seem very professional from the info on their website and as we too are time poor, it seems like a great service. I am now prompted to give them a call. They also cover most of Australia, I think. Thanks.

Det.

Hi

We subdivided in Sydney a few years ago. There is more than meets the eye when it comes to subdividing. First there is council approval to see that subdivision is actually a possibility for your block. All councils have different block-size requirements – it depends whether your are going to do a strata or torrens title. There is water (we…[Read more]