Hi We have a complicated situation that I hope you can help us.
We are thinking of purchasing our first investment property, we have a house, I also have parents who come to Australia 6-8 months/year.
Our house doesn’t fit so many people, we are thinking of purchasing a house that have a big backyard as our first investment property, so we can build a place for my parents to live and rent the original house out as investment.
Do you think this idea is reasonable? It seems to be really hard for us because this kind of houses would be more expensive and we don’t know if this is the best solution for our situation.
We would love to hear your opinions. Many thanks!