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Hi Jamiedellam
I think your idea is a good one. Crunch your figures well and go for it.
I have a five yr. plan,as I’m getting on a bit and haven’t got the time for long-term planning. I also want to have at least 5 IPS, with 3 completly paid for, and receiving at least $1000 per wk.
I plan to buy and hold some,(I’ve got 5 already) and buy, renovate, and sell some, to pay into the 3 I’d like to own outright. I am also looking for equity partners so we can buy multiple properties to sell after 3-5yrs. for a profit.
Any advice, or opinions that could help??Hi everyone,
I’m trying to find cash flow positive properties in NSW and Queensland, but have no luck so far. I live in Canberra where properties are going up in value very fast, and have five here. What I am going to do is rent out the rooms to uni. students, to come out even or even a bit positive. Rental demand is very high, and housing demand is high too pushing up the values.[blink]
