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From: Cheryl T
Hi to all
I am just starting down the IP road and am a tad nervous, however, I recognise I need to do something if I'm to be financially ok in the future. So I've done a lot of reading and attended many seminars and eventually did a weekend course which was extremely enlightening. I am currently renting and have decided the only way I'm ever going to put my own roof over my head is to begin with an investment property and then work towards buying my own. So the deal that has been presented to me to get started is a one bedroom apartment in Windsor (Melbourne). The thinking behind this is that apparently statistics show that there are and will be a lot of single people of varying ages wanting to live in areas close to restaurants, shops, beach etc.
My concern is the viability of a ONE bedroom apartment as opposed to two at least. Would be keen to hear your thoughts.
cheers
Mustang
Hi to all
I am just starting down the IP road and am a tad nervous, however, I recognise I need to do something if I'm to be financially ok in the future. So I've done a lot of reading and attended many seminars and eventually did a weekend course which was extremely enlightening. I am currently renting and have decided the only way I'm ever going to put my own roof over my head is to begin with an investment property and then work towards buying my own. So the deal that has been presented to me to get started is a one bedroom apartment in Windsor (Melbourne). The thinking behind this is that apparently statistics show that there are and will be a lot of single people of varying ages wanting to live in areas close to restaurants, shops, beach etc.
My concern is the viability of a ONE bedroom apartment as opposed to two at least. Would be keen to hear your thoughts.
cheers
Mustang
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