phil28 replied to the topic Possible New Investor looking for some advice in the forum Help Needed! 10 years, 1 month ago
Hi Benny!
That information is so helpful and has kept me busy for a long while looking over all the links!
Just what I needed starting out to gather some great information in an easy and understandable explanation!
I’m just wondering what are the best resources for finding information about how certain suburbs are trending and changes in the…[Read more]
phil28 replied to the topic Possible New Investor looking for some advice in the forum Help Needed! 10 years, 2 months ago
Hi mick!
Thank you so much for your insight! Makes a lot more sense to me now!
That means I can look into a few more options than previously.
Is the growth potential related to new things coming to the area ie. Schools, shopping, transport?
With a 95% lend is it still possible to find CF+ properties in the 250-300k range? Or would it have to…[Read more]
phil28 replied to the topic Possible New Investor looking for some advice in the forum Help Needed! 10 years, 2 months ago
Thanks Jamie!
From what I have read in most places, lenders want a 20% deposit so thats the main reason I was looking in the 90-130k range, however if that is not the case I would be very interested in looking at places in the $220k range (is it more or less likely to have a CF+ in this range than my original?)
I understand what kinetic is…[Read more]phil28 replied to the topic Possible New Investor looking for some advice in the forum Help Needed! 10 years, 2 months ago
Thanks for the reply!
I thought that would be the case, I saw the properties on realestate.com.au and thought if they are such a great deal then why hasn’t somebody else taken them?
What are the problems associated with renting small studio apartments?
The main factor making me choose that price range is the deposit I would need to save, around 20k-30k?
phil28 started the topic Possible New Investor looking for some advice in the forum Help Needed! 10 years, 2 months ago
Hi everyone,
I have only recently started to look into investment property as of the past 2 months.
I am in my early 20’s and am only looking at places within the $90,000-$130,000 range. I am trying to work out the best ways to look for positive cash-flow properties, such as the investment page on realestate.com.au, as some of the properties look…[Read more]phil28 became a registered member 10 years, 2 months ago