Hey PCer's I've been lurking silently for awhile picking up some great information, but thought it was time to join up. 30 yrs of age and currently have a PPOR and going unconditional on my first IP in the coming days. I will be looking for number 2 sometime in the new year. Looking forward to learning more from the knowledge bank that is PC. Hanso
Hi Hanso, welcome to PC, hope all go smooth with IP. I was 'lurking' as well , joined yesterday , seems to be a good crew here. Are you investing locally ?
Hey David, At this stage locally, as I'm more familiar with the area. Found it quite competitive up here though.
Hi Hanso, I'm starting locally as well . I can do my property research locally then branch out . It;s competitive because it seen as a good area at the moment ,sydney too hot "bubble ?", regional areas cold mining downturn ? production phase, there are always good ones coming up, Many locals don;t know what people will pay and set too low. Just sold ppor for $40k above one local agents list price buy another savvy agent.
Gday and welcome to the forum Hanso Sounds like you have your foot and mindset firmly in the investing door so congrats on that. Where are you looking for IP2?
Hi Alex, as far as number two goes still a bit of work for me to do on location(in Brisbane), my budget is going to be the limiting factor $400k. That will pretty much have my out of BCC on the southside. Need to do some more research on the north. Any suggestions?
Welcome to a fantastic forum - lots of amazing knowledge and experience here - something to learn every day...