Hi guys, I am currently working in Japan (although I am in Perth for two months right now) and have a fully owned 2x1 here in Perth, probably valued at around 330k. I also have a lot of money stored as cash at the moment, but all I am doing now is paying tax on the interest. Id like to use it more in my favour. Ill be working in Japan for another 4 or 5 years, then planning to move back to Perth and raise my family here, eventually buying/building a new house. Im thinking about buying two more 2x1 investment townhouse/apartments at around 300k each using the 100% equity in my own place as deposit. Ill also be renting out my own place, so at current rates, three rental incomes servicing just over 600k will be cash flow neutral or even positive. The cash I have lying about will be placed into an offset account for each one. Will buying two properties be too risky in today's market? Perhaps a slightly larger 3x2 at around 400k may be better...but not sure of the best course of action. Let me know what you would do in this situation. I need to use my equity to build more wealth, and I believe property is an appropriate vehicle to use in today's climate. Cheers. J.