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Well, I have decided to take the plunge – but not so fast!!!
I have placed an initial offer on a 3 bedroom – around the Hills area of Brisbane. Nice location -I am going to have a look at the place on the weekend. It needs a bit of work and is 30K less that what my initial thoughts were to get into the market – which I then can put back into the loan and also spend a few dollars on minor alterations.
The only issue is that the backyard looks like a tip, the owner had a like for collecting things…..but this I feel with turn other investors away – but I see it as a definate opportunity.
Its a great price, in a very good location and the place just needs a little elbow grease!!
R[
][][][]Question? If I do purchase this – how much should I be looking to spend to make cosmetic changes to make the place look a little more inviting…..
Brad
Will keep you posted.
I know that it is a good idea in principle but……….there is always that element of risk – should I or shouldn’t I!
It’s a hard decision I will have to make soon…….which brings me back to where I started!
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]Sometimes I wonder, ‘Is the dream of owning your own home still attainable in this day and age’ and my answer to this is ‘YES’
[]If you really want something, you make it happen. I think its a little bit of give and take too.
No longer are the days where you worked in the same job for 40 years. People have to adapt to the change, it’s apart of life.
I am young, but I still managed to purchase my own property and one small IP investment and I am looking to purchase another one in the short term future.
Blood, Sweat and Tears. It’s about determination and in all honestly, you have to have passion, that get up and go.Gone are the good old days…..but its depends how you look at things – IS THE GLASS HALF FULL OR HALF EMPTY?
‘Luck is a by-product of your own destination; it’s the people that know the way that often get lost[:0)][:0)]’ ANON
Dear All,
I plan to live in this property for approximately 2 months – but my work commitments are in Sydney, so this will technically be my place of residence for 2 months but then move out, to work again for 12 months, then move back in for good!
Can I do that????[}
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