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I like the tier system you used. However, I think you are conflating different investment strategies that are not related. There are active investor and passive investor. A passive investor will not renovate. They usually already have a ful- time job and loos to utilise their tax dollars to recycle into the investment.. Renovating is a business in its own right, as well aa land subdivision. Buy and hold and investing in funds is more of pure investing by an individual and is passive. Also the tiers seem to disregard what the investor's overall goal is. Which activity makes the most money for instance. If that were the case, the passive investor makes the most money at the end, especially as you use leverage as passive investors do and continuously build a leveraged portfolio carefully choosing location as the growth driver. I think your perspective is one of the different strategies to get your first couple of investment as a young person willing to grind it out to get the snowball rolling downhill so to speak. I can relate and remember those days. Looking back over makes me think of the properties I should have not sold. It's alway crazy to think at te time that its worth selling. But they just keep doubling every 7-10 years. To think the Brisbane median price will be $2 million in 10 years sounds a stretch today. But that's exactly what will happen. I remember selling the 35 houses I had for $300k in 1995 to make the $50k to $70k I made on those...it seemed pretty clever at the time.

This is one of my favorite Channels, well done. at least from $15,000 to $118,000 plus profit weekly and it was incredibly insightful, Can't stress enough how helpful experts in this field are!

Lol you younger buyers advocates are are so predictable in your history span going back only 30 years to justify house prices not collapsing. 😂 I suggest you look into debt cycles particularly the difference between short and long term cycles. Ray Dalio might help your understanding of economics

You left out McDowall and Bridgeman Downs

This cashing in on and perpetuating of treating housing as investments is morally wrong. Doesn't matter that it's legal. "The love of money is the root of all evil."

What does depreciation do for the house? Is it something to do with tax?

I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Strayer

You don’t need to have an owner builder if your building within the existing roof area. This includes renovations. Raising the house needs to be done by a licensed contractor

Its a shame to need to invest in order to even consider buying, this country cannot support its own people and somehow even with free health care and cheap education they found a way to destroy the cost of living here, im even considering just moving back to the US. I may need to pay for health insurance, but it sure beats paying $500 a week for 30 years for a house that bearly meets the basic standards.

The BEST EVER property-buying scheme was called (by the Hippies!) the 'Commune'. A group of basically homeless people got together and bought a suitable share-property for a tiny price each. (usually a 'Bush Block' with virtually NO 'extras' except onsite water supply) that provided enough room for, say, a dozen 'Owner-Builder' houses that suited themselves, with much assistance from everybody else on the property; each on its own acre or two ; all without the endless grossly-overpriced 'documentation' that was the norm. I knew of several such 'communes' of about 20 families that scraped together the smallest possible deposit and paid it off with the dole-money. I still have friends who live on them 55 years later. Nobody knows OR CARES about 'investment gains', because that's NOT (and never has been) the purpose of buying a HOME; a place to BE! It could still work, with adjustments. All it'll take is some digital-savvy kid to put it all together ~probably online.

Risk appetite. Have 1 IP keen to get another. Balancing FOMO to building up a buffer before I go again

Greedy tradies and builders raises the cost of building houses

This strategy only works if the housing market continues to increase.

It normally doubles ever 10yrs doesn’t 🤷🏾‍♂️

Hsow to acess the calculator

First comment😊

Thanks for another great vid Luke, I’m currently drawing out equity in my investments as well and taking it to 80% LVR. Hopefully will have a pre-approval before our strategy sesh in a couple weeks

Hey Luke, how did you came up with the Coffs harbour deal? Did you get an agent over there?

This shit makes me want to top myself. Whats the point in living anymore

Counting will keep you poor. 😂😂

Hey Luke, what's your opinion about Rooming houses? You never talked about it and seems to be a great cashflow positive investment vehicle to boost your serviceability and also own a piece of land that goes up on value overtime. Any thoughts?

Very insightful stuff Luke! What is the impact of an offset on an interest only loan? I assume the bank won't change the monthly IO repayments, so is it purely a tax benefit?

Not sure cost of living will go down given the demographics. But do agree it is up to us to succeed and figure thiings out. Not anyone else's job to make our life easy!!!

Oz has the Canadian disease.

What do you have on your veggie delight?

Yeah, some are have a hard time. But I genuinely get flabbergasted at just how busy Brisbane is these days. Frankly, it looks like the economy is roaring.

Possible but extremely difficult. Both my partner and I are health professionals and we have two young toddlers. So yup, will probably need your help later on. 😅

Really good advice. Prioritise and save/invest. Im 56. First mortgage in 1992. Things do change. I believe the cost of living crisis will have an end.

I'm a 'if there is anything in the schooner there is something'. VB cans forever brothers!

Hi Luke! Thanks for sharing this video. Traditional methods of property verification involved manual searches, phone calls, or even physical visits to records offices. These steps were time-consuming and prone to delays. With Property Records APIs, this information is available at the click of a button, revolutionizing the speed of the verification process.

First the spark vid

I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Strayer.

Can you explain a bit more on getting the loan process? What kind of rates are you getting for investment properties? And what income do you need to to have such a high mortgage?

Did something go wrong on a bucks party? What happened to your eyebrows???

CANCEL THE BID, CANCEL THE CORRUPTION!!!! I sure hope the people of Brisbane are ready to protest like never before to put an end to this madness. The 2032 games will set Brisbane back DECADES and divert money from things for people only to line the pockets of the IOC, construction companies, sponsors and corrupt government officials.

That's the Gayest suggestion i have ever heard and you are too young to be giving advice.

What abt Redbank plain??

i was crunching the numbers to see if its worth while to invest into a rental. With today's interest rate and rental return. it seems a bad idea to be investing when everything is high. Rent seems high, but it's not when compared as a percentage of the purchase price. Since most average aussies have missed the boat in regards to capital growth, isn't it smarter to just save up and wait for another downturn? Or is there overwhelming evidence that there will be 10% growth yearly for the next 5 years?

We have our cash in a redraw on our principal residence and are about to withdraw our equity to purchase 1 or 2 units. Should we change to an offset instead of tedraw? Why? Great vids Cheers

I'm looking to expand next year. I'm not sure it will be in Australia though. This place is going to the dogs. I already have about $4mill of property here. Time to leave

Respectfully, I disagree with Brrr in S tier, the amount you use for Reno is enough downpanyment for your next property, and less headache, just buy the next property if you have the money and serviceability

Reduce demand and increase supply. It's the only way. I have heard them talk about increasing supply but our populations booming far beyond that. Greens talk about doing something but they are wedged over migration.

Good work, your the first dude with this attitude I've noticed on this platform. I got two joints, one mortgage about fourteen years ago. Rates were insignificant then. Then and still the plan was to live in one and gain a little financial help through rent from the other. Had I not bit the bullet a long time ago I would not have been doing so well. Interest rates rise and fall over time. It's from watching that movie, if you build it they will come has been my attitude ever since. Might win, might lose? Just have a crack! Chew like crazy if necessary!! 💪💯

awesome info & video👍

2 years on all of these place would have made great equity gains if bought in 2022

I’d be interested in seeing an updated unit block video. Pros and cons of that high cashflow property.

Two best points 1. Are you maximising super concessional contributions 2. Diversify at low fees

It means nobody wants to do trades any more because you will never afford a home or have a family.

its amazing how quickly this advice became outdated....chermside west at 800,000? good luck!!

Hello, what do you think about Redland bay area for a house under $700K?