Hi
Long time lurker! I love this forum and consider all the information I've gained so far to be invaluable.
We are finally in a position to buy a 2nd IP and have our sights set on QLD. Funds are limited to the $200,000 to $300,000 range. We are very interested in Toowoomba and had read a few market commentaries that mentioned there was around 6 months left to get into this market before it was too late. That 6 month time period would be up about now. So what do those on the ground and current Toowoomba investors think - are we too late?
Our strategy is cash flow positive properties for buy and hold for long term capital gain. We would love some early capital gain so we can buy again in the shorter term.
Long time lurker! I love this forum and consider all the information I've gained so far to be invaluable.
We are finally in a position to buy a 2nd IP and have our sights set on QLD. Funds are limited to the $200,000 to $300,000 range. We are very interested in Toowoomba and had read a few market commentaries that mentioned there was around 6 months left to get into this market before it was too late. That 6 month time period would be up about now. So what do those on the ground and current Toowoomba investors think - are we too late?
Our strategy is cash flow positive properties for buy and hold for long term capital gain. We would love some early capital gain so we can buy again in the shorter term.