@Dean letfus BRRRR strategy is difficult to put on in New Zealand but is it same in neighbouring country Australia as well?

I’m an aspiring real estate investor on the Gold Coast, Australia.I’ve found that no one has seemed to talk about a crucial topic I wish to hear is what to do when there is a boom happening (prices crazy high).At the moment in Australia, rents are high, and so are house prices.

I have a friend who had a property in Australia and told his tenant he would never raise his rent if the tenant never called him for repairs.

Tenanted until November $850 / month.I don't have the time (second kiddo on the way + business going well here in Australia) to really focus on building up SFHs right now, so I've decided I'll just sell it.Sure I could get a lot more if I keep it out there in the market and the agent works it.

My parents live in Australia.

Hi everyone, my name is Daniel I am 17 and from Melbourne, Australia.

Would be good to stay in touch as I am always looking for new ops but being 10k miles away (in Australia) brings challenges.

At that time most of the investors we worked with were from Australia, New Zealand, and Singapore. 

They don't exist, and you can't make them.Knowing what a bad deal they're locked into, Chinese investors who have successfully acquired extra property then look overseas, and they cash out in China to leave someone else with the hot potato and buy up property in HK (before recent events), Australia, Canada, and some cities in the US without many black people (mainland Chinese investors hate buying in areas with black people). 

Before leaving for Australia, I last lived in Las Vegas!