Hi my current situation is as follows:
Currently have one neutrally geared ip roughly valued at 270-280k and I'm looking to get my second ip. For the second I'm looking in the 5-10k radius of the city, a house that I can Reno to add value to the house, hold for capital growth and eventually sell. And continue the process.im an electrician, and have a good network of tradie friends and I feel it's time to start doing something and building a portfolio. Looking for positive criticism to my situation !! Ideas of suburbs, Reno ideas ? Anything !!!
Currently have one neutrally geared ip roughly valued at 270-280k and I'm looking to get my second ip. For the second I'm looking in the 5-10k radius of the city, a house that I can Reno to add value to the house, hold for capital growth and eventually sell. And continue the process.im an electrician, and have a good network of tradie friends and I feel it's time to start doing something and building a portfolio. Looking for positive criticism to my situation !! Ideas of suburbs, Reno ideas ? Anything !!!