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  • Profile photo of zapzap
    Member
    @zap
    Join Date: 2004
    Post Count: 3
    January 3, 2005 - 3:22 am

    Hi Novice Guru,

    Why not get a few like minded people together to share the money side and maybe give you that confidence?

    I’m one for taking calculated risks if I have the available funds. Pros and Cons of all investments need to looked at carefully especailly the worst case scenario.

    Not much advise there, I know. Good luck to you though.

    Regards
    Princie.

    PRINCIE

    Profile photo of zapzap
    Member
    @zap
    Join Date: 2004
    Post Count: 3
    January 3, 2005 - 3:15 am

    Hi Demelza

    I’m no expert, but it sounds like you’re in a great positive cashflow position. Which is exactly what Steve suggests. Maybe finding a good reliable property manager would put a few of your worries at ease. I have had renters from a centrelink background who have been excellent tennants. Its hard to pick good tenants from any background though.

    I live in Perth and am considering buying in York, I’m still investigating.

    Good luck.
    Regards
    Princie

    PRINCIE

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