I am a new investor and am not into taking high risks. I am considering investing in the areas of QLD, WA or Sydney in Australia. I am a little unsure as to how the increase in interest rate at the end of the month will affect the market as I don’t want to buy during a peak and have to spend more than I need to.
Is there any advice that any of you can give me in finding an investment property and what to look for? I also don’t know if I should negative or positively gear the property.
Cheers,
Claire [biggrin]
Hi Claire
Welcome to the forum.
Without exactly answering your question, I think you should spend a lot of time in this and other forums like it before you get started so that when you do buy the risk will not be as high because you will have learnt what to do not just followed the recommendation of a stranger.
Cheers
Leigh K.
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