Hi all. I'm Dave. Pretty new to investing. Already have about 80k equity in place of residence, and looking to buy positively geared IP in next 6 months. Any tips or advice to make that possible would be greatly appreciated. Thanks
Hi DT (Dave). I have been looking around the Moreton Bay Area in South East QLD. Kallangur, Redcliffe, Caboolture and the likes. Finding it very hard to find cash flow positive properties. Nah I've never considered Adelaide. I'm more familiar with the SE QLD region.
Very little chance of a decent cap growth product in that region to also provide income Quality stock typically neg geared by 50 to 100 per week ta rolf