aturner replied to the topic What sort of a structure should I use for a newbie property investor? in the forum Help Needed! 13 years, 5 months ago
Boo_Hsst wrote:
What are you spending $120,000 on if you only have a very small amount of expenses and no rent?In your situation, I would be leaning towards commercial property.Boo_Hsst – Nothing at all. I'm saving everything. Why should I be leaning towards commercial property? Am I not better trying to find my feet with residential f…[Read more]
aturner replied to the topic What sort of a structure should I use for a newbie property investor? in the forum Help Needed! 13 years, 5 months ago
Thanks everyone for your comments.Jamie M – I will take your advice and also have a chat with a mortgage broker and any other professionals with knowledege/experience in investment properties before I jump in. xdrew – a passive income of 25 – 50k sounds great. I will continue to read and my next book purchase will be on negotiating. Thanks very…[Read more]