... What else would you expect from Hodor? I thought I would post what I have done and am planning to do. There are so many exceptional stories throughout PC and SS that I thought my less exceptional story (I still think its alright) might be useful for some, plus I've never really written much about myself. I first got into property around 2009 through SS after a mate told me to have a look, thanks to everyone who posts as most of my investing knowledge and ideas has roots in these forums. I got my first property in Newcastle at the end of 2011 using savings with the use of a BA, this was planned as a short term residence while I did some minor renovations before moving with work as I had just started a new job. I placed a tenant in there April 2012. The purchase price was $319k and currently (mid 2015) rents at $380pw and is valued at $410k. Late 2012 saw me meet my now GF. 2013 saw us enjoy ourselves outside of investing while still getting our finances together. She paid off some CC debt, we traveled to Jordan, Africa and Nepal and completed a reno on a 1br unit she had in Wollongong, this was purchased in 2009 and was still in original condition. The reno brought the value up to $250k (early 2015) which was about $50k added for less than a $20k investment, it now rents for $260pw. 2014 we thought we'd continue on with property, early 2014 we purchased a block of land, again with savings, near Melb which was yet to be titled. The building experience has been interesting and taken longer than I thought, we only just got the keys. On the upside my estimations of expected costs have been within a thousand dollars of actual cost. Gardens will be completed this coming week and a tenant in shortly after. Land + build + stamps + extras = ~$335k I haven't worked out holding costs yet. Expected valuation is ~$400k and should rent for ~$380pw. 2015 has been exciting, we had our properties revalued for the first time. Using equity from Newcastle we have just signed on our first PPoR (waiting on valuation for unconditional approval right now). Due to work this needed to be in Sydney (great timing I know!) and our budget has limited us to a run down house, which we think has some great potential. The reno's should be interesting, painful and fun. Using equity in the Wollongong Property we are also looking to purchase a property in Brisbane this year. We plan to purchase around the Mt Gravatt/Holland Park area, not Logan for us sorry. The idea behind this is to have exposure to markets in VIC, NSW and QLD to maximise/smooth the possibility of CG in any year to support further purchases. It will also minimise land taxes. To date we have purchased at reasonably high LVRs (~90% give or take) with the use of LMI. Our plan is to continue purchasing a property a year on average for approximately the next 8 years, the number and length of time will depend on a number of things. Over this time LVR should naturally continue to drop and reduce our LVR. From where we are now we are hoping wages will not be required to fund further purchases. We plan to target "balanced" properties - that is the best prospect of CG we can find in a positively geared property and continue to spread our exposure through different markets around the country. LVR across the portfolio should drop as it grows and our purchasing rate remains constant at about one per year. We have a target portfolio size and LVR estimated to be reached in 8-10 years. At his point we will enter a "transition" phase which will see CG focused into low maintenance cashflow generating investments over ~5 years leading to rat race exit. At this point we see the vehicle of choice to be LICs and ETFs. We have a small share portfolio at present to gain experience with share markets over the next 10 years in preparation for this and to confirm its viability when implemented by us. This also acts as a layer of risk mitigation along with cash in offsets. Obviously things can change and we may need to adapt to allow for these changes. Our plans aren't the most exciting and results certainly not the most impressive achieved. We are happy with our goals and progress so far and will hopefully update you all in the years to come with the highs and lows. Any questions, comments and feedback are more than welcome and encouraged.