Yeah well.
[blush2]

I guess I am one of those people who is way way cautious. We have our own home which is worth about $550.000. We owe $65,000 on this. We also have a share portfolio worth around $10,000. We have no other debts. (other than two children lol).

Is now the time to take the plunge into property investing?

I have seen units for sale for $90,000 rented out for $180.00 a week – this seems to match Steve’s criteria. But I am afraid there is a catch.

Also, I know of a country town that has absolutely nothing for rent. Should I buy there?

Any advice would be gratefully accepted.

Regards Vaness88