If you were buying your first IP where would you buy?

Discussion in 'Where to Buy' started by Matt98, 15th Nov, 2018.

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  1. Matt98

    Matt98 New Member

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    29th Mar, 2018
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    Location:
    Nsw
    Assuming I have around 100k for a deposit/other initial costs.
     
    Matt98, 15th Nov, 2018
    #1
    Lindsay_W likes this.
  2. Lindsay_W

    Lindsay_W Well-Known Member

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    What's your investment strategy, what are you trying to achieve?
    Have you spoken to anyone regarding your borrowing capacity to determine what you can afford?
     
    Lindsay_W, 15th Nov, 2018
    #2
  3. Property Twins

    Property Twins Mortgage Brokers & Buyers Agents Business Member

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    What is your goal Matt?
    Where are you in life?
    Asking where to buy with $100k is like going to a doctor and asking them to prescribe you medicines without them taking your history and what you are trying to achieve.
     
    Property Twins, 15th Nov, 2018
    #3
  4. jazzsidana

    jazzsidana Well-Known Member

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    Melbourne
    How long is a piece of string?

    Property ain't the question, what's the vision/strategy/goal here before jumping on to other things?

    Best to sit down with your Broker and Accountant to work out proper strategy ..
     
    jazzsidana, 15th Nov, 2018
    #4
  5. DeJ

    DeJ Well-Known Member

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    Nowra
    I would look at the South Coast - and I am:)
     
    DeJ, 16th Nov, 2018
    #5
  6. Tom Rivera

    Tom Rivera Property Manager Business Member

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    Location:
    South East Queensland
    DEFINITELY Logan.
    *cough*
    Disclaimer: I offer no guarantee that I do not have an ulterior motive in blanket recommending my business area.

    Seriously though, @Matt98, let's get some more info?
     
    Tom Rivera, 24th Nov, 2018
    #6
    adam duckworth likes this.