thoughts on OTP investment

Been stuck for a while and looks like I'm heading towards purchasing OTP in QLD...the whole new property thing, depreciation, good yield, low maintenance etc seems to make a lot of sense - and then using the equity to buy a 2nd IP. However I am new to this....can anyone share their thoughts, experiences (good or bad) on this method?
 
rafters, this OTP theme has been done to death on this SS forum.

To find the threads do a google search:
site:somersoft.com "OTP"

you'll find 121 things to read - should keep you busy for a night ;)
 
Hi rafters,

Please do your research above and can I ask what suburb in Queensland?

OTP's are very tricky...............:rolleyes:

Regards JO
 
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