Great responses, thanks for the time taken guys.

As stated earlier I have dealt with MB’s before but purely in a owner occupier mindset. I would have assumed that strategy and the properties you buy has an impact, but I have clearly underestimated how much of an impact, all part of learning I guess.

Again, thanks for the responses.

Really? I can entirely accept that may be the case, and evidently is, but how do you approach the market as an investor if you cant work out your capacity? Do you just put in an offer and work out if the banks will lend later?

It may seem like a stupid question, but my experience is purely owner occupier so its all a bit different.

I can very…[Read more]

Thanks Corey,

I’m really trying to figure out a ball park figure, ultimately it will depend on the property but I’m not really sure where to look until I have some idea if my potential to borrow. The info Richard has provided is exactly what I was after at this point.

Cheers.

Thanks Richard, very helpful.

Id love to take these off your hands. Im in Ipswich but I would be willing to pick them up today if youre available.
What suburb are you in? Im on 0448952858. If you msg me your number Ill give you a call.

Concrete is better, but I would say that, Im a concreter.

For comparison concrete is around $50 a square metre, more from a big company and less from a dad and dave team.
Stepping stones and gravel would be very easy to do yourself, depending on access. Just level the area and remove any grass/weeds and put some builders plastic down to stop them…[Read more]

Firstly I have to say thank you to you all. I really appreciate the responses and this forum is obviously a great knowledge builder. I have broken down the points to respond and clarify.

You haven't indicated what sort of income you are on.
I am on $70,000 and my partner is on around $20,000

I would suggest meeting with a good broker
Im halfway…[Read more]

I guess thats what my question comes down to. Am I better off looking for good growth on my first property in order to expand the portfolio or should i look for good returns. I guess the ideal would be to value add and look for both but I have found it hard to get any info on splitting to dual occupancy or subdividing. Is there a good starting…[Read more]