Hi,
I just came across this site yesterday while searching for investment properties and reading the forum since. As a background, I live in Sydney & have an IP unit at Blacktown. I am looking for second IP in the range of preferably within $400,000. I prefer not to go for a unit as I pay enough strata for my current IP. I would like to have positive cashflow or minimum from pocket and some capital growth. Can you please give me some ideas of locations?
I am told it is preferable to be closer to you (city wise) to manage even by agents. Do you agree? I am open to investing in two IPs rather than one also.
Thanks in advance.
I just came across this site yesterday while searching for investment properties and reading the forum since. As a background, I live in Sydney & have an IP unit at Blacktown. I am looking for second IP in the range of preferably within $400,000. I prefer not to go for a unit as I pay enough strata for my current IP. I would like to have positive cashflow or minimum from pocket and some capital growth. Can you please give me some ideas of locations?
I am told it is preferable to be closer to you (city wise) to manage even by agents. Do you agree? I am open to investing in two IPs rather than one also.
Thanks in advance.