Reload original page
 |
|
|
buying propertyshubh [24 Posts] Normal 0 MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman";}
I have 40% deposit to put down with an excellent rental income - 2 and half times the mortgage ! Would it be good for investment purpose? Any advice would be greatly appreciated, thank you. Avoid foreclosure L.A Aussie [1524 Posts]  If you are investing for cashflow, then yes. If you are investing for cap growth - no-one knows. Look at the area; infrastructure, employment opportunities, amenities etc. Cheers, "we get sent lemons; it's up to us to make lemonade"  Terryw [8598 Posts]  Yes, don't just decide on rent. What if the place was a dud and the rent didn't go up for 10 years. You want some capital gains - probably more so than rent. CG will make you rich, Terryw |
User loginBest Seller
Register Your Copy
In The NewsWeekly Update: 12 March Special feature video examines the issue of how likely is a property crash in 2010. Weekly Update: 5 March Strong growth in house prices point to a housing bubble, but what next? Update: 2 Mar RBA cash rate up 25 basis points, property market booming... Today's TipThere are two reasons why a tenant moves on... a change in lifestyle and/or a bad landlord <more> Active forum topicsInvestment property purchase in The USA Author: netrider Nominee purchaser Author: PGB Who's OnlineTake The Test
|
|