Thanks to everyone for the advice above.
I have slowed down and will think about looking into a unit in Sydney near CBD as a first IP and save the idea of OTP for a rainy day.
Cheers.
Wow. So that's what I call a response!
Thanks to all above for the advice. Yes this is a major leraning curve and I do feel as though I'm being sold a "glossy brochure" but with little or no experience it seemed like a good starting point, (no I haven't actually paid anything yet)...
Thanks so far guys.
My job is secure and my circumstances are also fairly predictable over the next few years. Have been told I can't get a deposit bond as I don't have any other property (therefore equity). I may need to investigate this further.
I agree that there are risks but am hoping...
Hi All,
Have just discovered this forum and after reading so many posts that I have gone cross eyed I figured I'll just throw out my concerns and see who can help.
I have recently read some books about wealth creation and IPs and suddenly it all seems to make sense. I am really keen to...