To all on this forum, HI from Sunny Belfield in Sydney. Both the wife and I are new to investing, we have a firm goal in obtaining our first IP within 6 months and at least another within 12 months. For a long time we were reading and studying what to buy and how to start, also probably had far too much family BBQ expert information offered which coloured our thinking. For a long time we have suffered from paralysis by analysis and could not make that first step. Our thinking was that we needed to pay off / pay down our PPR mortgage first before doing anything. After having a life changing episode in Nov 2014 and needing to take time off work we realised that to manage for our retirement meant starting now! There is never going to be a time when the "bubble bursts/ market changes/win lotto/rich uncle dies and leaves us the inheritence etc" we are in charge of our destiny so to speak.