Dear property investors,
I have been inactive for a while due to settling into new house, new school for the kids, etc.
Anyway i am selling my section and will settle end of this month. Planning to invest the money into another rental property. Have been to some open homes and interested in some properties. But after doing some calculations at home and with the new interest rate, the houses seem too expensive.
What do you guys think? Is it a bad time to invest? I have been investing in West Auckland. Should i go to South where 8% yield still possible?
thank you
I have been inactive for a while due to settling into new house, new school for the kids, etc.
Anyway i am selling my section and will settle end of this month. Planning to invest the money into another rental property. Have been to some open homes and interested in some properties. But after doing some calculations at home and with the new interest rate, the houses seem too expensive.
What do you guys think? Is it a bad time to invest? I have been investing in West Auckland. Should i go to South where 8% yield still possible?
thank you
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