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Property newbie from Brisbane

Discussion in 'Introductions' started by Hanso, 12th Oct, 2015.

  1. Hanso

    Hanso Member

    Joined:
    12th Oct, 2015
    Posts:
    23
    Location:
    QLD
    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
     
  2. David24

    David24 Member

    Joined:
    11th Oct, 2015
    Posts:
    6
    Location:
    logan
    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 ?
     
  3. Hanso

    Hanso Member

    Joined:
    12th Oct, 2015
    Posts:
    23
    Location:
    QLD
    Hey David,

    At this stage locally, as I'm more familiar with the area. Found it quite competitive up here though.
     
  4. David24

    David24 Member

    Joined:
    11th Oct, 2015
    Posts:
    6
    Location:
    logan
    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.
     
  5. House

    House Well-Known Member Premium Member

    Joined:
    13th Sep, 2015
    Posts:
    767
    Location:
    Sydney
    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?
     
  6. Hanso

    Hanso Member

    Joined:
    12th Oct, 2015
    Posts:
    23
    Location:
    QLD
    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?
     
  7. DiligentPM

    DiligentPM Well-Known Member Business Member

    Joined:
    18th Jun, 2015
    Posts:
    443
    Location:
    Brisbane
    Welcome to a fantastic forum - lots of amazing knowledge and experience here - something to learn every day...
     
  8. Bryan Loughnan

    Bryan Loughnan Well-Known Member

    Joined:
    20th Jul, 2015
    Posts:
    130
    Location:
    Brisbane
    Welcome and best of luck with your investment journey!