Hey team
Looking at my next investment, I have about $150k to play with, Currently live in my place in Perth, have 2 IPs, one in Kingston(Logan) worth $260kish, another in Sunshine coast, 2x2 townhouse $340k. Both Neutral cash flow, slightly positively geared.
Theres a lot of talk of Australia being in a bad way with interest rates about to drop more and property prices to drop back also in a year or 2 time.
Are we best to wait a year for this to happen or go now ?
Where would everyone buy if you had $150k spare?
Thanks, Scott
Looking at my next investment, I have about $150k to play with, Currently live in my place in Perth, have 2 IPs, one in Kingston(Logan) worth $260kish, another in Sunshine coast, 2x2 townhouse $340k. Both Neutral cash flow, slightly positively geared.
Theres a lot of talk of Australia being in a bad way with interest rates about to drop more and property prices to drop back also in a year or 2 time.
Are we best to wait a year for this to happen or go now ?
Where would everyone buy if you had $150k spare?
Thanks, Scott