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  • Profile photo of pcheng206pcheng206
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    @pcheng206
    Join Date: 2006
    Post Count: 7

    Hi duckster,

    Thanks for the comments. I was considering getting a subscription to that magazine, but then i saw another one at the newsagent called property investor or something so i wasnt sure which one was the better out of the two. My starting salary will be slightly higher than that, but i think i know where my limits lie as to borrowing anyway so i dont intend to bite off more than i can chew.

    The problem is that i've looked at all these suburb profiles, but I have no idea how to pick a particular property for an investment. Obviously location is one of the key factors.. but what other factors come into the equation? The more west you go from the city, the cheaper places get.. but whats the demand for rent like out that way?

    Also, how does one read the economy? Whats the best way to know when you should buy/hold/sell etc? What indicators tell us if we're in a housing boom / recession?

    Sorry if these are dumb questions.. I just want to be able to master everything about property investing.

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