Hi all,
Continuing on the process of educating myself in property investment (still a loooong way to go). I would be interested in people's views on this property as a potential IP?
http://www.allhomes.com.au/ah/ah0073?slid=167408613
Hypothetical at this stage... just committed to my PPOR and will need to wait for a little while before embarking on my first IP.
I'm really keen though to get a sense of the considerations that you would take into account when making this type of decision.
My pros for this place are:
- inner city suburb
- price is on the lower end for such a suburb
- some renovation done
- within walking distance to Tilley's (local cafe), shops and transport.
Continuing on the process of educating myself in property investment (still a loooong way to go). I would be interested in people's views on this property as a potential IP?
http://www.allhomes.com.au/ah/ah0073?slid=167408613
Hypothetical at this stage... just committed to my PPOR and will need to wait for a little while before embarking on my first IP.
I'm really keen though to get a sense of the considerations that you would take into account when making this type of decision.
My pros for this place are:
- inner city suburb
- price is on the lower end for such a suburb
- some renovation done
- within walking distance to Tilley's (local cafe), shops and transport.