Head out of the sand

Discussion in 'Introductions' started by GSD, 14th Jun, 2017.

Join Australia's most dynamic and respected property investment community
  1. GSD

    GSD Active Member

    Joined:
    14th Jun, 2017
    Posts:
    33
    Location:
    Sydney
    Hi All,

    My goal has always been very modest. To own outright two investment properties by the time i retire.

    I own my PPOR and have two properties. Of the investments the LVR is 50%, so I am well on the way to achieving my goal.

    The last property I purchased was Blacktown NSW in 2005.

    At this time i had a young family, a wife on a low income / studying and with no discretionary funds, i thought i had done enough and put my head in the sand. This resulted me missing the current housing boom.

    Now, my wife has finished her studies and her income has increased. I have two kids soon to start employment and properties are positive cash flow. So I decided to start looking.

    I now have refinanced and have my LOC ready.

    I however need to get over the fear of investing interstate, or find a bargain in Sydney West.

    The search begins.

    Regards

    GSD
     
  2. Xenia

    Xenia Well-Known Member

    Joined:
    16th Oct, 2015
    Posts:
    3,863
    Head over to Adelaide and take a look at what's available :)