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  • Profile photo of MR HMR H
    Member
    @mr-h
    Join Date: 2012
    Post Count: 3
    January 18, 2012 - 10:56 am

    Engelo,

    Wow that is an awesome return, nice work! We are just getting started with this property investing business – would love to pick up some great cf+ properties like that one day! I guess that’s the best thing about this forum, getting to hear what you experienced investors are achieving.

    Have got 2 units in West Wodonga, got them for $160k each in 2009 & 2010 they are renting for $200pw each. Looking in the North Albury & Lavington areas for the other one at the moment.

    Any tips you may have on finding good properties would be great – I figure it comes down to getting to be familiar with areas – property values & rental prices is the best way.

    Rod

    Profile photo of MR HMR H
    Member
    @mr-h
    Join Date: 2012
    Post Count: 3
    January 18, 2012 - 9:52 am

    Thanks for your thoughts IPfreely!

    You are definetly right about A/W being a place that isn’t going to disappear, there is so much going on there it is really great.

    Long term goal is to have 10 or so properties, so I guess if 3 of them are there it really doesn’t matter – it comes down to how the numbers come up I guess.

    Thanks, you have reassured me & I think we will get a bit more serious about this place we’ve looked at.

    Have a great week!
    Rod.

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