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?
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.
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).
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.
Regardless of the area, the yield, the dollars down, whatever - my opinion is don't mix business (investing) and pleasure (family & friends).
Hi Ethan, Welcome. Just wondering, who has given you your "where to buy" advice? And does he/she have a substantial IP portfolio?
