The property isn’t my PPOR as it is too far from where i work. I have been renting elsewhere the last couple of years. The property has been rented for most of the time except when its been unrented and up for sale which it has been for over 7 months. I realise this is too long for it to be for sale but i have had some issues with real estate agents. I have one other property which should be positively geared in the next few months, same location.
My aim is to buy, renovate and sell property in order to make a gradual profit to eventually afford a nice home with ultimately a few positively geared assets behind me. I guess i would like to know also if it is better to rent in the meantime to free up $ while i look for properties to buy then renovate & sell?[hmmm]