hello all. its been a while but its good to be back and reading through the forum full of knowledgable people sharing their wisdom, helping each other and newbies such as myself.
a question for you folks... Bought a house a while back and Im very close to positive gearing and was thinking maybe its time to invest in another property. Is this a wise choice? if so I'm confused as to which route i should go, house or apartment? will get better yield and easier on me as its better yield but house has big capital gain and to be honest something i prefer as i don't really need the yield to help me as much.
also is it a good time to buy now considering the crazy prices!? some say prices are going to keep rising for the next 2 years and some say market is unsustainable and will correct itself. I do realise that its a cycle with all these thing and i don't want to jump in at its peak.
thanks for taking the time to read
a question for you folks... Bought a house a while back and Im very close to positive gearing and was thinking maybe its time to invest in another property. Is this a wise choice? if so I'm confused as to which route i should go, house or apartment? will get better yield and easier on me as its better yield but house has big capital gain and to be honest something i prefer as i don't really need the yield to help me as much.
also is it a good time to buy now considering the crazy prices!? some say prices are going to keep rising for the next 2 years and some say market is unsustainable and will correct itself. I do realise that its a cycle with all these thing and i don't want to jump in at its peak.
thanks for taking the time to read