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  • Profile photo of SamSam
    Participant
    @sambol
    Join Date: 2014
    Post Count: 3

    Thanks everyone for the info.
    It is a bit daunting taking the future of my superannuation into my own hands. But im confident that I can succeed.
    I forgot to mention that im only 29 yrs old & have only around 140k in my current super fund.
    People have said to me & im sure many of you will think im crazy for doing this at this age with only this much.
    I currently have 4 investment properties, worth approx. 2.2mil, all neutral geared at the moment.
    My strategy for my current & future portfolio is to buy & hold.To accumulate as many investment properties over the next 10-15 yrs and have a positive cashflow to see me into retirement.
    The only reason I will engage a buyers agent is because im not confident in purchasing in an area im not familiar with e.g Queensland. I would expect a buyers agent to source a property with a yield of at least 6%. I understand this is very hard to get In this current climate, especially in Sydney & south of Sydney.

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