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Hello,
I'm new to investing so any help would be appreciated.
After reading quite a few books and thinking about a number of options including buying high rental yield properties or properties with solid capital growth, I'm now seriously considering buying a 4 bedroom (two bathroom) house close to where I now rent and sectioning it off so I can rent out half the property to help pay off the mortgage. Some of the properties I've looked at have granny flats too.
My questions are:
Would I need council approval to do this? Is this a good idea? Are there any good books out there on this topic?
Any thoughts on this would be appreciated!
Thanks!
Mark
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