Hi Guys,
I've spent the couple weeks trawling through these forums. I've been trying to learn more about property for a long time and this is by far the best resource I have come across. Great to see how generous people are with their time and knowledge.
I just though I would post my situation to see whether anyone had any advice for someone in my position.
I'm in my first job (started this year in Auckland) and have a salary of around 75k at the moment.
I've been putting money aside for a deposit and so far have 10k, plus around 5k in shares which I will be looking to cash up soon. I may also be able for around 5 k from kiwisaver if I'm buying my first home.
I'm currently renting and not sure whether I am better off buying my first home to live in or getting my foot in the door with an investment rental property.
Any advice on areas and types of property would be amazing too.
Cheers in advance
I've spent the couple weeks trawling through these forums. I've been trying to learn more about property for a long time and this is by far the best resource I have come across. Great to see how generous people are with their time and knowledge.
I just though I would post my situation to see whether anyone had any advice for someone in my position.
I'm in my first job (started this year in Auckland) and have a salary of around 75k at the moment.
I've been putting money aside for a deposit and so far have 10k, plus around 5k in shares which I will be looking to cash up soon. I may also be able for around 5 k from kiwisaver if I'm buying my first home.
I'm currently renting and not sure whether I am better off buying my first home to live in or getting my foot in the door with an investment rental property.
Any advice on areas and types of property would be amazing too.
Cheers in advance
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