NeedCashNow replied to the topic Investing while renting: Good or BAD? in the forum Help Needed! 19 years, 6 months ago
Some extra details may help. Paying $200 p/w renting in brisbane. I earn about $45,000 a year, my wife earns about 25,000, so a combined income of $70,000 approx. Taking into account rent and expenses, we can probably set aside 300 – 350 a week max between us for an investment.
I’m worried that i wouldnt be able to afford the loan repayments if a…[Read more]