Hi Guys. New to the forum and relatively new to property investment. Have gotten my toes wet with a cashflow positive property in Christchurch (rented).
We have bought a house in the country where we live and currently have a total of $100,000 equity sitting there doing nothing. We are attacking this mortgage big time and paying quite a hefty amount off it every week, so still the equity grows.
I guess my question is, what is going to happen? Does anyone actually have a crystal ball they can lend me?
What about Commercial property?
I have a very hard time sitting still, I just want to go go go!
Any or all advice is welcomed. What are you doing, sitting still or buying up? Why?
Thanks
Marni
P.S. I hope to make many friends on the forum.
We have bought a house in the country where we live and currently have a total of $100,000 equity sitting there doing nothing. We are attacking this mortgage big time and paying quite a hefty amount off it every week, so still the equity grows.
I guess my question is, what is going to happen? Does anyone actually have a crystal ball they can lend me?
What about Commercial property?
I have a very hard time sitting still, I just want to go go go!
Any or all advice is welcomed. What are you doing, sitting still or buying up? Why?
Thanks
Marni
P.S. I hope to make many friends on the forum.
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