How would it compare to North Lakes? I’m looking at a 4 bedder on a 450sqm block, asking price is 535k built in 2010, in Warner really close to Eatons Close though. VS the same in North Lakes…
Just in case anyone is interested in buying property in Dubai, you are able to get finance from RAK Bank in the UAE. You are able to get up to 25 years mortgage (up to 65 years of age) with 30% deposit. There are a few other T’s and C’s but if you’re interested just thought I’d post this info so others can follow up on it…[Read more]
Icemaiden wrote:
HiI have just subscribed to this website after reading the Property Investor Magazine. I was in awe over Richard's success! I have a question to ask if I may, we have our 1st property investment and are going for our second. We are working towards a property investment strategy and are trying to make a decision around our nex…[Read more]
So if the parents are co-borrowers for the first property, would the child then be able to go and buy a second investment property on their own once there is some equity in the first property?
What about someone who doesn’t have an income but has a 60-80k deposit, parents with high incomes but no properties of their own, who are willing to act as guarantor? Would they be able to get finance for their own mortgage?
Thanks very much for those questions, gives me a lot of food for thought.
All properties I intend to buy at this stage are for investment purpose only. I’m not planning on renovating or developing at this stage, so would be looking for properties that are pretty much ready to go to be rented out. I would like to achieve a portfolio of…[Read more]
Both would be great of course, but at this stage I think most important for me for this particular property is capital growth….
I’m looking at buying a few properties in a few different places as well so that I can have a diverse portfolio, so any advice about areas, types of property or where to find information would be fantastic
Sorry I don’t have any thoughts or help for you but actually a question, do you know how much buyers agents cost or how that works? I was considering using one as well, but am very new to the concept so don’t quite know how it works…
Sorry another question for both Richard and Illuminati (or anyone else as well)
Do you have any recommendations on where to look for properties in the areas you’ve suggested (i.e websites, particular agents etc etc)? Or are you able to recommend any professionals in the industry who are able to assist?
@ illuminati thanks so much for that information, and I’ll try not to steal your properties one last question for you, I heard about an area called Onkaparinga Shire (sorry don’t know the spelling), do you know anything about this area?
@Richard Thanks for your reply and offer of the reports, I might take you up on that once I get a bit deeper…[Read more]
I actually don’t have a specific idea of what I want in terms of what type of property. I’m looking to buy a few properties that can be rented out fairly easily, and may have some capital growth over the next 10 years.
I am trying to start building a portfolio of properties, so would be happy to buy a mixture…[Read more]