Exasperated.
The more I read the less I seem to know. I have been trawling this site and many others for weeks as well as going to several property seminars.
I am new to property investing and so was after a sanity check on my plan.
Happy to hear any comments or advice.
We want an investment property. We live in Brisbane’s northern suburbs. My wife wants our IP to be in Bris (so that locks down location).
I plan to get a unit or town house as close to the CBD as I can afford (budget around 450K). I plan to get something new for maximum depreciation to minimise our tax. Prefer pos geared but I just cannot find anything like that.
I am looking at 2bed, 1 car space as a minimum because I figure these will more popular than a single bed and cheaper than a 3 bed.
So – how does that sound ?
Nothing fancy. But should offer solid cap gains and with the shortage of rentals in and around the city should have no trouble renting (the place going empty for weeks is probably my biggest worry). Also as it is new there should be very little maintenance work needed for years to come.
?
The more I read the less I seem to know. I have been trawling this site and many others for weeks as well as going to several property seminars.
I am new to property investing and so was after a sanity check on my plan.
Happy to hear any comments or advice.
We want an investment property. We live in Brisbane’s northern suburbs. My wife wants our IP to be in Bris (so that locks down location).
I plan to get a unit or town house as close to the CBD as I can afford (budget around 450K). I plan to get something new for maximum depreciation to minimise our tax. Prefer pos geared but I just cannot find anything like that.
I am looking at 2bed, 1 car space as a minimum because I figure these will more popular than a single bed and cheaper than a 3 bed.
So – how does that sound ?
Nothing fancy. But should offer solid cap gains and with the shortage of rentals in and around the city should have no trouble renting (the place going empty for weeks is probably my biggest worry). Also as it is new there should be very little maintenance work needed for years to come.
?