Audsco started the topic Too many choices! Safe investment vs risky investment! Opinions wanted please! in the forum Help Needed! 9 years, 3 months ago
Hi Everyone.
I have recently widened my search for an investment property from the Eastern suburbs out to the Northern suburbs. My dilemma is this:
– The first property I have found is a small house on a small block in Fawkner. It is fully renovated and will fetch approx. $380 – $400 p/wk rent. (Est sale price up to $450k).
Pro – Will need…[Read more]-
Audsco started the topic Best Auction Bidding Strategies in the forum Help Needed! 9 years, 4 months ago
Hi everyone,
I am attending an auction in two weeks time to bid on a property which is currently in possession of the bank.
This is my first investment property and have never bid at an auction before.
I was hoping to get some handy hints and some strategic tips on the best way to bid at auction and hopefully purchase the property.
Many…[Read more]
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Audsco replied to the topic Advice needed for first investment in Melbourne. in the forum Help Needed! 9 years, 4 months ago
Thanks for the advice everyone. I really appreciate it!
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Audsco replied to the topic Advice needed for first investment in Melbourne. in the forum Help Needed! 9 years, 4 months ago
Hi Ivan,
Thanks for your advice. It was very inspiring and clear. You certainly confirmed some suspicions which I already had re: town houses etc. Ringwood, Kilsyth, Croydon, Mooroolbark, Springvale and Noble Park are areas which we have been looking in – but in this market, even those areas are selling sub-dividable properties well out of our…[Read more]
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Audsco replied to the topic Advice needed for first investment in Melbourne. in the forum Help Needed! 9 years, 4 months ago
Thanks for the advice Corey and Justin.
I am wary of people/services who are just out to make a $ rather than providing any genuine advice. I am looking to connect with someone that has experience in this field.
As far as investment/developing goes. It is my long term plan to move in to developing, however I don’t believe that my current…[Read more]
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Audsco started the topic Advice needed for first investment in Melbourne. in the forum Help Needed! 9 years, 4 months ago
Hi everyone.
I am a current home owner and am looking to make my first property investment.
It was my hope/dream that I could buy something which I could sub-divide in the future and step from investor to developer! However, it has come to my attention that my budget (450k) is restricting me from turning this dream into a reality. I live in…[Read more]
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Audsco became a registered member 9 years, 4 months ago
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