All Topics / Help Needed! / First Timer

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  • Profile photo of aries57aries57
    Participant
    @aries57
    Join Date: 2006
    Post Count: 1

    I am a first timer. I read Steve’s book a couple of years ago and wish I did something then. I am now about to embark on this journey, have done the research but there is so much more to learn. I am on the Northside near Burpengary and am wondering if the property around here would be a good investment. The house I live in is valued at 300,000 and still owe $188,000. The bank will lend approx. 300,000. And also are houses the way to go or unit/townhouses. Appreciate any advice.[biggrin]

    Profile photo of Fast LaneFast Lane
    Member
    @fast-lane
    Join Date: 2004
    Post Count: 527

    Each to their own concerning townhouses or units. It really is a personal investing choice. The area you’re in does sound like an area for good future prospects, sunny Qld, but this is where you can really pick up some good investment skills- during the investigation stage of any possible investment.

    Hope this helps…FL

    Fast Lane- The poster formerly known as g7

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