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Hi all Natedog here.....same same but different

Discussion in 'Introductions' started by Natedog, 19th Jun, 2015.

  1. Natedog

    Natedog Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    276
    Location:
    Melbourne
    Wow I can't believe somersoft is being wrapped up!! I joined there back in 2004 and our investment property journey started in 2005. Slowly collecting buy and hold in both Melbourne and Brisbane over that period buying as soon as we could finance a new purchase. Plan is to step back from the day job in approx 10-12 years time.
     
  2. Navid H Guia

    Navid H Guia Well-Known Member

    Joined:
    20th Jun, 2015
    Posts:
    53
    Location:
    Sydney NSW
    Well done,

    What are your plans moving forward? Still purchasing in the above mentioned cities?
     
  3. Natedog

    Natedog Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    276
    Location:
    Melbourne
    I think Brisbane like many on here looks good. Last time Sydney went boom it then led up North. The yields in Brisbane are way more attractive than Melbourne in my opinion. BUT.....I have noticed some heat in the outer suburbs of Melbourne recently also. It's almost like the "Mt Druit" effect has come to Melbourne....if that makes any sense :)
    I am currently in cash hoarding mode, it may be time for us to move PPOR in next couple years, and to the wife that means "upgrading"....to me that means delaying retirement :)