Hello Somersofters
I am having trouble finding an IP within my price range, as property goes up i feel as though it gets harder and harder to aquire the next IP, I have been investing in property for only 2 years and i have built up a small portfolio in that period.
I feel as though I am only looking in the suburbs that i live around and know of, how do you learn about other properties/suburbs on the other side of town or even interstate properties and how suburbs are performing, rental demand etc?
In saying that i do have a decend deposit and a fair amount of equity available i just choose to keep my IP's within 300-400K.
I am having trouble finding an IP within my price range, as property goes up i feel as though it gets harder and harder to aquire the next IP, I have been investing in property for only 2 years and i have built up a small portfolio in that period.
I feel as though I am only looking in the suburbs that i live around and know of, how do you learn about other properties/suburbs on the other side of town or even interstate properties and how suburbs are performing, rental demand etc?
In saying that i do have a decend deposit and a fair amount of equity available i just choose to keep my IP's within 300-400K.