Hi Guys; I have Just registered to this forum, i have actually just found it via google, not only that, but i am actually very new to this world of investment... i am thinking of buying my first IP, i have never bought any properties before in Australia, been reading online about it, but i found lots of terms and techniques that kept me even more confused. and finally i decided to buy an investment property, which would be positively geared, or at least with a rental that would cover the loan repayments and the regular fees (council, strata,water,...etc) AND with a good a chance of capital growth in the next 5-10 years. Now i have lots of questions that i am still looking for an answer to : 1- is that model even possible ? 2- should I get a house in western suburbs or 2 beds aptmnt somewhere close to the CBD (500K-550K) ? 3- what if i get an older house in Western Sydney for a lower value, renovate and then put it for rent , would that achieve my goals ? 4- would a house in western sydney be easy to rent ? [any website i can get stats or information about the renatl percentage for certain suburbs] 5- is there any specific suburbs to consider , which could be promising in the next few years ? 6- considering the loans, if i have enough cash to pay around 50% of the unit price, should i do that and minimise the repayments, or pay only 20% (or less with LMI) ? 7- my understanding is that, for negatively geared properties, only the portion of the repayment which represents the interest , is deducted for tax purposes, is that correct? Usually, or roughly (for estimation sake), what percent that would be from a monthly repayment ? 8- what do you think of paying to a buying broker for his services to find, negotiate, and do all the work to buy the property for me , does it worth it? 9- i am thinking to buy another property to live in, early next year, is there anything i would consider while buying my IP now? 10- considering that i have never bought any properties before, i belive i am eligible for some government grant, would that apply to investment properties ? if not , you think i should consider living in this property for a while to get the government grant benefit ? or in other words, what i actually need to do to benefit from that ? Thanks for your help, and sorry for the lengthy thread... cheers duduk.