Sydney based investor interested in FIRE

Discussion in 'Introductions' started by MustacheFire, 17th Jan, 2021.

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  1. MustacheFire

    MustacheFire Member

    Joined:
    24th Nov, 2019
    Posts:
    12
    Location:
    Sydney
    Hi all,

    Based on Sydney with partner and 3 kids. In my mid 30s. Time taken up with work, but strong interest in property / shares where I can find time.

    PPOR in Syd (3 bed apt), and a few investments. 3 IPs in Melb (all 3 bedders CBD apartments, one off the plan purchased late 2017 recently settled...). And a small Perth apartment from an ‘armchair’ experience... overall 80% geared as of recent settlement for the off the plan.

    Having learnt more about property I should’ve made some different choices.

    Keen to learn more - with view to buy / hold properties with future development potential.

    cheers
     
    27269 likes this.
  2. jaybean

    jaybean Well-Known Member

    Joined:
    20th Jun, 2015
    Posts:
    4,752
    Location:
    Here!
    I'm curious if one of those lessons you learned is not to buy OTP?
     
  3. MustacheFire

    MustacheFire Member

    Joined:
    24th Nov, 2019
    Posts:
    12
    Location:
    Sydney
    Yes. I’m a fan of city living, and originally from Melb. So got the OTP there as future PPOR - but would’ve been better off getting something off the market now...

    The other lesson is not to participate in spruiked services like EOS... I saw a thread on here already from @Crido on that topic
     
    27269 likes this.

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