Forum Replies Created
Thanks very much everyone for all your comments.
Certainly is interesting how there are so many different perspectives on the various approaches to property investment. I appreciate all your comments.Two final questions:
1. If I was to buy an apartment, would you recommend buying a service apartment (ie. within a hotel). Seems that the yields are good and are guaranteed, but the capital growth doesn’t look as good. Anything to watch out for?2. Jo, thanks for your comments on the areas close to the city. Anywhere in particular? Feel free to personal mail me.
Many thanks.
SimonHi
I assume your message relates to a Melbourne based property investors group. If so, I’d be keen to come along. Do you have to be a member to attend? If so, how does someone become a member?
I’m keen to find out more.
Thanks
SimonHi Everyone
I am in exactly the same position as Kbeeh. I am really unsure whether I should buy a first home to live in (and therefore get the FHBG) or as an investment. My problem is that I live in Melbourne and everything I have read tells me that the market is near its peak so there isn’t much benefit in buying there (even with the FHBG). So I am wondering whether I should buy an investment property in Sth East Q’land instead where there is much stronger capital growth expected (even though it means I’ll miss the FHBG) and continue to rent in Melbourne.
I am very committed to either one of the above two options and feel that as a first home buyer I need to do something because I’m starting to get priced out of the market.
Any suggestions would be much appreciated.
Kbeeh – let me know if you have any more thoughts.
Many thanks
Simon
