I am new in investing and need some advice.
Currently looking at Endeavour Hills - looks nice, green, established, not bad secondary school (Gleneagles) and plenty of primary ones. Freeway.
I can see a few 4-bedroom properties on large blocks in the $300-320 range. Why that cheap? What's could be wrong with this area (apart from no station)?
Is it easy to rent out in the area?
When I inspect a house what should I look for?
If the asking price is $300- could I offer $270?
I am looking for a property to rent out for a while and after to move in..
Thanks!
Currently looking at Endeavour Hills - looks nice, green, established, not bad secondary school (Gleneagles) and plenty of primary ones. Freeway.
I can see a few 4-bedroom properties on large blocks in the $300-320 range. Why that cheap? What's could be wrong with this area (apart from no station)?
Is it easy to rent out in the area?
When I inspect a house what should I look for?
If the asking price is $300- could I offer $270?
I am looking for a property to rent out for a while and after to move in..
Thanks!