Hi all, New to the forum so would just like to start by saying hello and I have already had a good read of a few posts and the wealth of information on here is great. No doubt there have been many posts such as this but i'd just like to get some seasoned investors prospective on my situation. I am 25 and currently working full time and earning a gross income of around 60k. I have purchased my PPOR at the end of 2013 for a price of 480k and it was valued at the end of 2014 at 510k. It is in the NT and the market has decreased recently so i doubt it would be valued at that much now but I've been doing some improvements around the place so hopefully it hasn't gone down too much. I currently owe 315k to the bank for this property. I don't really have an investment strategy as yet other than to hopefully have enough passive income through investments to one day not have to work myself. I have a bit saved in the bank and am looking to make my first investment purchase in the near future. However, i have a few questions i was hoping to get some insight into. I am looking to purchase in the area of SE Qld and was wondering if anyone had any prospective suburbs to look at? I am also a bit nervous about these new tax reforms being proposed by the government (in particular negative gearing) and am wondering whether it would be best to keep putting money into my PPOR and hold off on investing for another few years. I'm also concerned with all these doom and gloom articles in the media lately predicting another big GFC and the Australian property market to significantly decrease in the near future as a result. I've only just started in the property investment game and don't really know where to start or if this is a good time to start. Thanks in advance for any information or insight given.