Taking the plunge

I think it is time to finally take the plunge!!

I have just been notified that the owners of the house I am renting
want it back. One of the pitfalls of renting. At least they gave us 6 weeks notice.

My plan was to keep renting while I buy more IPs.
After a couple of moves and the pain of house inspections etc.
That and I am uncertain about my future here have been getting
a bit home sick and have been thinking about a move back to WA
At least it will be warmer than the ACT.

It may be time to buy my own PPOR while I sort out what I want to do.
At least when/if I move back it will give me another new IP.

So a letter to the MB to see what magic he can perform :)
 
due diligence and potential yield in this market.

i bought my PPOR in this market with the full knowledge that any rent will cover my mortgage complately - so if something goes balls up at least i get to keep the house, even if i can't live in it.

good luck and jump both feet first.
 
Back
Top