Forum Replies Created
TerryW has got some good points there for you. I think I would be looking for a property to rent out immediately rather than taking on the task of building on your block of land. There are a lot of things potential purchasers can dislike about a house whereas a clean block of land can spark someone's romantic notion of all types of lovely things to come. However, if your land isn't in an easy to sell area but could potentially pay you some money back by building on it and then renting out the property this is one of the ways of getting on the property ladder. To summarise this I would, for now, suggest you continue to rent at $180 per week and either sell your land and buy a rental property with an immediate return or if you can afford it build on your land and then rent the new house out. As for your last question on how you get started in this property investment stuff, you have made a small step into the playing field already, you now need to move on with your idea that you had when you initially purchased the block.
I wish you well with all your properties to come.
Okay Cruzinbud, I can understand your concern on this lack of information. I have just purchased this course and hope to soon be able to report back to you on its merits. My husband and I are already in the throws of a medium sized development (total of 120 beds) on the Gold Coast and so far it has been one big learning curve for us – and we are fairly au fait on property matters. I'll be back to report on this course once I receive and start to learn from it.
Cheers
