i often read on here posters writing that they want 10 IP aiming for 15 this year etc. I really cant understand buying ips just for the sake of getting numbers up, wouldnt it be better to own say 3 ips in rising areas of Glebe in Sydney rather than 20 ips in muswellbrook Moree and Windale? Some of you people as one real estate agent told me in Maitland NSW yesterday are rushing into Country towns from Sydney etc and quickly buying homes that you know nothing about just to become a investor as such. Eg Maitland NSW last Saturday young couple from Sydney inspecting a house advertised 275k say to the real estate agent in front of me and a whole group of Maitland people inspecting the property that they will pay 300k for it !! They make sure everyne hears them. BUT 30 minutes before and this is before the real estate agent arrived i heard this young couple telling another guy they were still paying off their unit in Lane Cove in Sydney and were using equity from that and they had 8 properties. Now why would u need to tell everyone you will go 25k over the asking price and i think these type of people are not really propertty investors but mum and dad type who watch tv shows and then get a bit rich with their sydney property rising and rush out there and throw their money around . They will lose interest soon you watch .