Forum Replies Created
Thanks for replying Jamie and Shahin
as far as PPoR the theory of worst house best street is my primary focus ,as i am not too shabby with my hands and have alot of best mates in different trades in the building industry.
The question i still ponder over every night is would it be better to just buy an investment first off ,as i am at home so little of the time with my roster in QLD , do i take advantage of this situation of living away most of the year to accumulate 1 or 2 investment properties, then after a couple of years use the equity from those as well as the cash i am saving towards the PPoR in the suburb i would want to live in.
then that opens the Interest only or principle and interest debate
to answer your Question Shahin i have $50 deposit saved so far ( and growing and growing as i take my time to plan my strategy)
what would you do in my position , i know you can never answer ones question for them but hearing how you would approach it may help me develop my strategy and to reach my goals. I always hear people say i wish i got into it when i was your age.
so how would you do it if you were 22 again ?
kind regards
thanks so much for your reply Johann
lol why not buy two? . great advise but im still trying to overcome my nerves of cracking number 1, from there the sky is the limit to build my portfolio
but as i said its all well and good to stay rent free and buy the investments, but i think its time i relieve the burden from the parents and start my own journey for me and my girlfriend.
i have contacted QLD007 and the more information i gain towards my decisions im sure to let you know how it goes.
kind regards