I’m potentially moving to the Hunter Valley in the next 12 months and I have been looking online around the Singleton/Cessnock area.

When you say buy/renovate/hold – does that mean you buy it, renovate it and rent it out positively geared? If you did it this way do you use the mortgage you have on the property and refinance it to reinvest?

Hi Corey,

Thanks a lot for the reply.

I guess when I said “flip” property I wasn’t really aware of what I was saying.

I guess the vision I have is buying residential property and renovating to create profit.

The other vision that I have is to buy cheap land, sub-divide, build cheap units and sell at a profit to re-invest.

Which of these…[Read more]

Thanks Tony,

I really appreciate the feedback.

If you feel that flipping property is risky, do you feel that a buy/hold positively geared strategy can help me achieve my goal?

Also, what mediums are the best in order to do research for growth suburbs?

Cheers,