Due to salaries and strategies investors generally target the priced investment. A +ve gearer will go for cheap IPs and others will have a balance between their CG and yield that allows them to service the loan.
So what is your sweet spot?
Mine is generally the 400k-500k mark. It was $200k but these have all appreciated to the $400-500k mark and I buy properties within this range.
So what is your sweet spot?
Mine is generally the 400k-500k mark. It was $200k but these have all appreciated to the $400-500k mark and I buy properties within this range.