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  • Profile photo of NixNix
    Member
    @nix
    Join Date: 2004
    Post Count: 3

    Hi

    I am a first time user of this site. I require some advice on where to invest.
    I would like to invest as i cannot afford to buy in the area i like (northern beaches). Would it be better to buy on the central coast and rent out for a couple of years and sell, or save for longer and wait for a bargain on the northern beaches??
    Thanks loads in advance for any responses

    Nix

    Profile photo of The DIY Dog WashThe DIY Dog Wash
    Member
    @the-diy-dog-wash
    Join Date: 2003
    Post Count: 696

    Welcome to the forum Nix

    Why don’t you do both, buy Central Coast now and wait for that elusive Northern Beaches property.

    But I am sure that even the Central Coast will be neg geared, so my real advice to you is that it depends on what your goal is. Take some time to learn about your investing options then when you are confident to answer that question yourself you will make the right choice. Don’t forget that you need to have an investing plan.

    Deals exist everywhere, you (we) just have to learn how to spot them.

    There are also lots of resources available to you form this site and others. the web links page is very helpful, check it out.

    Cheers
    Leigh K

    Carve your own path and lead the way …

Viewing 2 posts - 1 through 2 (of 2 total)

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