As many of you have stated, numbers aren’t everything. I have purchased only 3x properties over the last 12 months but they are all new 4×2 brick houses in QLD and one is being built as we speak.

I used existing equity and got the bank to lend me all of the money I needed (2x I.O. loan, + 1x construction loan). I will only be paying about $40pw total from my own pocket once my latest house is tenanted. Two years of rental increases and they should be CFN.

I have already built up massive equity and don’t have any maintenance hassles. The houses are all in major city areas with high rental demand and good returns. So sometimes it can pay to go for quality not just quantity.

I would like to go for a CFP property now but my loan servicability is low because my wife has just started maternity leave and we’ve lost an income. Any hints on who may throw some investment money my way? Otherwise I will continue my investment strategy when my wife returns to part time work.

Do not restrict yourself to ‘close to home’ properties if you want to excell. Buy where the best deals are!!! Do your research. Use Realestate.com, the residex report and Bureau of Statistics Information etc. I have had great success using this method. In the first two deals I went interstate and asked questions of locals (agents, shopkeepers, buskers etc). My next successful investment was purchased interstate and sight unseen but not without a great deal of research.