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Discussion in 'Introductions' started by Ethantheeel, 14th Jan, 2016.

  1. Ethantheeel

    Ethantheeel Active Member

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    Hello to all!!
     
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  2. legallyblonde

    legallyblonde Well-Known Member

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    That isn't an introduction!

    Welcome!

    But do tell us more! Where are you currently in your investing journey? What do you hope to achieve? What do you hope to gain here?
     
  3. bob shovel

    bob shovel Well-Known Member

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    Eric the eel!
     
  4. Ethantheeel

    Ethantheeel Active Member

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    I presently own a NRAS property at Calamvale which is going ok. I am looking to buy another property in South East QLD and have been advised to look at Coomera or North Lakes. I also have a friend who wants to rent in the Redland Bay Area for around $450 a week and I have found a house at Victoria Point that is for sale for $450k that he would like for me to buy and he would rent it from me. The property is around 10-15 yrs old.
    Just looking for advice.
     
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  5. legallyblonde

    legallyblonde Well-Known Member

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    The sentiments on here about mixing business and family/friends are pretty one sided!

    When are you looking to purchase next? I have been enjoying myself here recently as I have another 6 weeks until I can even look at borrowing money (due to a job change).
     
  6. Brian84

    Brian84 Well-Known Member

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    Remember that guy from the Olympics. Now that was a race to watch.
     
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  7. Ethantheeel

    Ethantheeel Active Member

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    I have someone looking at North Lakes and Coomera tomorrow. My mate and his family wish to find a house in the Redland area by February. Just want an opinion on these areas. If buying in Coomera or North Lakes I have been advised to buy a new place. Worried about oversupply in those areas. At Redlands I am assured of rent for at least 2 yrs. just want people's opinion.
     
  8. hobo

    hobo Well-Known Member

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    Regardless of the area, the yield, the dollars down, whatever - my opinion is don't mix business (investing) and pleasure (family & friends).
     
  9. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

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    Hi Ethan,
    Welcome. Just wondering, who has given you your "where to buy" advice?
    And does he/she have a substantial IP portfolio?
     
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  10. Azazel

    Azazel Well-Known Member

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    Hey @Ethantheeel

    Have you gone to look at any of the areas you're thinking about?