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Thanks to everyone for the great advise. I am going to speak to a mortgage broker and also read the book sugested to me.
I live in Hervey Bay. QLD 4655 and have been studying the property market for a little while. I am thinking of buying one unit to start and have spoken to a real estate agent who says there is a flood of units on the market at the moment. He said it's a buyer's market. From what I have been reading, I need to find a motivated vendor. How I do that, I am not sure.
What rental returns could I expect from a $200000 investment?Thanks for your help.
A. Beath
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