Hello

Discussion in 'Introductions' started by mrv445, 4th Aug, 2019.

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  1. mrv445

    mrv445 New Member

    Joined:
    4th Aug, 2019
    Posts:
    1
    Location:
    Melbourne
    Hi guys,

    I am from Melbourne and am new to this thread, was just looking for some tips for my first investment property.
     
  2. The Y-man

    The Y-man Moderator Staff Member

    Joined:
    18th Jun, 2015
    Posts:
    13,511
    Location:
    Melbourne
    First tip - need to give more details (unfortunately)

    Primarily

    1. do you know how much you can borrow?
    2. how much deposit do you have saved up?

    The Y-man
     
  3. Sackie

    Sackie Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    25,058
    Location:
    Vaucluse, Sydney.
    1. Depends on your goals
    2. Depends on your own financial situation
    3. Depends on your risk profile.

    Someone who is 55 on 70k a year probably won't be looking to buy the same things as someone who is 25 on 200k with no debt.
     
  4. Property Twins

    Property Twins Mortgage Brokers & Buyers Agents Business Member

    Joined:
    31st May, 2016
    Posts:
    2,738
    Location:
    Australia
    @mrv445

    What sort of tips are you after?

    Where to buy? What to look for?
    How to set up finance?

    Would be good have more info.
     
  5. KateAshmor

    KateAshmor Victorian Conveyancing Lawyer Business Member

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    25th Jun, 2015
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    711
    Location:
    Melbourne
  6. Eric Wu

    Eric Wu Well-Known Member

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    8th Oct, 2016
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    1,603
    Location:
    Australia
    welcome to the forum @mrv445

    read the forum for a few weeks, you would get some ideas of what you after, then ask again with more specific questions :):)