Hi guys,
i am a newbie here, looking to buy my first home and hopefully set myself up the best possible way to get into property investing in the near future. I am looking at houses 600k and under and is looking at 3 bedroom house so I can live in one room and rent the other two out to help paying off the mortgage ( Will be mostly relying on the rent to pay the mortgage).
Was wondering which option is better - get a fee simple with at least 600 square meter land out south or cross lease property in central Auckland( looks like i can only afford cross lease if i want to go with central) or any other suggestion?
I work in Botany so have been looking at area such as Manurewa, Fovona, Randwick park,Mangere, any area i should avoid as i will be living in it? Any area that is up and coming?
Thanks a lot!
i am a newbie here, looking to buy my first home and hopefully set myself up the best possible way to get into property investing in the near future. I am looking at houses 600k and under and is looking at 3 bedroom house so I can live in one room and rent the other two out to help paying off the mortgage ( Will be mostly relying on the rent to pay the mortgage).
Was wondering which option is better - get a fee simple with at least 600 square meter land out south or cross lease property in central Auckland( looks like i can only afford cross lease if i want to go with central) or any other suggestion?
I work in Botany so have been looking at area such as Manurewa, Fovona, Randwick park,Mangere, any area i should avoid as i will be living in it? Any area that is up and coming?
Thanks a lot!
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