Hello

Discussion in 'Introductions' started by Layla, 10th May, 2018.

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  1. Layla

    Layla Member

    Joined:
    23rd Apr, 2018
    Posts:
    8
    Location:
    NSW
    hello,
    I am Layla and a long time lurker... I was sucked in by a property spruiker and am trying to fix up my portfolio....Pretty much I have done everything wrong in terms of property investment!

    Luckily I am now starting to surround myself with a great team and working on improving my property portfolio. It’s tough but I am learning a lot from the experts (including those on here).

    I own six properties. Three are in Darwin (these are neutrally geared but are worth a lot less than purchase price). Two on the Gold Coast (doing ok) and a recently purchased property in Brisbane (hopefully will do ok). I am looking forward to continuing to learn more and more and hopefully turn my portfolio into something better over time. Oh and my goal is long term hold and to start paying them down after purchase of my PPOR.

    Thanks

    Layla
     
  2. D.T.

    D.T. Specialist Property Manager Business Member

    Joined:
    3rd Jun, 2015
    Posts:
    9,189
    Location:
    Adelaide and Gold Coast
    Sounds like you've done well. Whats on the cards next?
     
  3. Layla

    Layla Member

    Joined:
    23rd Apr, 2018
    Posts:
    8
    Location:
    NSW
    I am going to buy a PPOR in the next 12-18 months. Then renovate the brisbane place to get some equity. After that I think I will just pay down the properties I have, and keep an eye on the market. As the plan is to hold for the next twenty years I am in no hurry!
     
  4. Phantom

    Phantom Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    2,054
    Location:
    Sydney
    Welcome to the forum @Layla. You have a great attitude. You acknowledge your past mistakes and are on a path to learn from them and become a better investor. Hats off to you. This forum has changed many people lives (myself included). Read as much as you can and ask as many questions as you want - we are a friendly crew .......mostly. :)
     
  5. Jamie Moore

    Jamie Moore MORTGAGE BROKER - AUSTRALIA WIDE Business Member

    Joined:
    18th Jun, 2015
    Posts:
    3,977
    Location:
    Canberra, Brisbane and Sunshine Coast
    Welcome aboard Layla :)

    Cheers

    Jamie
     
  6. Tom Rivera

    Tom Rivera Property Manager Business Member

    Joined:
    1st Jul, 2015
    Posts:
    2,718
    Location:
    South East Queensland
    Welcome! It sounds like your on the up, which is great.
     
  7. Jess Peletier

    Jess Peletier Mortgage Broker & Finance Strategy, Aus Wide! Business Member

    Joined:
    18th Jun, 2015
    Posts:
    6,673
    Location:
    Perth WA + Buderim Qld
    Welcome Layla!