Hi,
Need some investment property advise from the experts here. we bought a property in brisbane in 2013 and have 40k in bank right now which we believe will go around 60k at the end of 2014. we are expecting to save 50k/year. we have 2 plans, either buy a bigger property in 2 years and rent the existing one. 2nd option is buying a investment property around 350000 with sub divide option, rent it and then sell it after 3/4 years and buy a bigger one with that.
which one is better plan?
Is it possible to buy around 350000 in beenleigh, logan? how much capital growth should i expect?
I knoeledge is very limited in property market so any sortof advise would be highly appreciated
Need some investment property advise from the experts here. we bought a property in brisbane in 2013 and have 40k in bank right now which we believe will go around 60k at the end of 2014. we are expecting to save 50k/year. we have 2 plans, either buy a bigger property in 2 years and rent the existing one. 2nd option is buying a investment property around 350000 with sub divide option, rent it and then sell it after 3/4 years and buy a bigger one with that.
which one is better plan?
Is it possible to buy around 350000 in beenleigh, logan? how much capital growth should i expect?
I knoeledge is very limited in property market so any sortof advise would be highly appreciated