I'm keen to get back into the IP market after a while on the sidelines. I have a bit over $100k in cash and no other loans or rent. Can also probably save $50k a year approx.
I can't buy till after the financial year so I can go over my figures and see exactly where I am at. Ballarat is looking good for me right now.
Although I'm really keen to get back into the market I can't help but think the market will cool a bit so waiting a bit would be best.
Do people think it would be wise to wait a year or so and see how things go?
I'm looking to get something neutrally geared so holding costs hopefully won't be an issue?
I can't buy till after the financial year so I can go over my figures and see exactly where I am at. Ballarat is looking good for me right now.
Although I'm really keen to get back into the market I can't help but think the market will cool a bit so waiting a bit would be best.
Do people think it would be wise to wait a year or so and see how things go?
I'm looking to get something neutrally geared so holding costs hopefully won't be an issue?