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Thanks for some interesting responses. It is clear that I do need to carry out more due diligence. I was attracted to the SA route due to the high net cashflow and the option to Strata them at a future date – but I need to understand what are the financial implications of doing so.
I hadn't considered commercial property, where would I begin with my research on that?
Essentially my longer term IP strategy is to build up a portfolio that will deliver a passive income that will ultimately replace a salary circa $150k. So any advice on how to start on that road is what I'm seeking now.
Hi Jamie, thanks for your feedback. Will seek out the posts that discuss the pros/cons of serviced apts. I'm potentially looking at a block of 4 units that are currently serviced but has the option to be stratad and leased. Any experience on that scenario also much appreciated!
My next step really is, as you say – spend it wisely and structure everything correctly. If you had $300k to invest now, what would you do?
My borrowing capacity was really just some indicative figures based on projected rental income on this block of units I mentioned, but I would need some further advice on that.
Cheers!
