Hi Jas,

You have started in the best way possible asking enormous amount of questions.
I was able to get heaps of advice from my collegues in a real estate office where I work which I found to be OK but you still have to sift through to find what suits your needs and style.
I am a great beliver in reading as much as you can. For example if a person has written a book from life experience in property or general investment and the have had 30 years experiance and you can read 10 books a year you have digested 300 years of experiance and if you can retain only 5 percent of the information you will be “in therory” 15 years more mentally astute.
5 years reading and studying as you go can expotentially increase your ability and educational experiance.
Some great books are the RICH DAD series written by Robert Kyosaki and also the Jan Somers books are great. A subscription to the Australian Property Investor mag is also woth considering. $75 for 6 bi-monthly issues.
If you know your stuff you can endeavour to ask as many questions of your advisors and you will be surprised how many answers start to fall your way.

Best wishes

Normy

Hi Steve,

I think it is best to focus on cashflow. Without the cash the servicability struggles with the bank, making it difficult to borrow money to buy more property. Over time if you leverage into more property with a solid cashflow neutral or positive basis the long term capital growth will also be your rewards.
Also the mind games that can begin to torment high level borrowers relying on there job to pay for their investment can be taken out of play knowing that the tenant and the taxman will share the responsibilty to pay for your property.

Best wishes

Normy