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I’ve been working a long time for the money and have sacraficed a fair bit for it.
I would really rather buy in Cairns, 1. because this is my first property and I know the area really well, and no the areas I would like to buy, 2. After moving I will be travelling back to Cairns several times a year so I would like to be able to get a bit of a tax break for these trips, 3. I’m moving shortly, so I don’t really have the time, nor really do I want to spend the money on going to another city for a period of time.
The money I have is disposable, if I loose it through wrong investment choices I’m willing to sacrifice this as it won’t change my lifestyle at all and as long as I learn a decent lesson out of it in the end.
This will be one of many properties, the main reason I’m wanting this property is so i have my name against somethign in my port folio and the first property is always the hardest to get, so next time around things will be “easier”.
All your advice is greatly appreciated.