Hi there,
my name is Sean and I am married with a baby girl. We have owned our home for 3 and a half years now and I am now keen to get into the property investment market. We have just had a huge raise in our CV and am looking to use that equity to purchase an investment property. Before I do so, I was wanting to get some tips and help with property investment. If this is not the forum to ask such things I wonder if anyone knows anyone I could talk to or ask questions too? I have noticed there are some really knowledgeable people on here so would love to hear your ideas. I have been thinking about buying an apartment because its cheap and so it won't be so risky on the mortgage (such as if I don't have tenants and have to cover it myself). This would purely be for rental income (as opposed to capital gain) but would be a foot in the door. Is this a good idea/bad idea? Any tips that would help me?
I appreciate any advice in advance. Thanks for your time.
Sean
my name is Sean and I am married with a baby girl. We have owned our home for 3 and a half years now and I am now keen to get into the property investment market. We have just had a huge raise in our CV and am looking to use that equity to purchase an investment property. Before I do so, I was wanting to get some tips and help with property investment. If this is not the forum to ask such things I wonder if anyone knows anyone I could talk to or ask questions too? I have noticed there are some really knowledgeable people on here so would love to hear your ideas. I have been thinking about buying an apartment because its cheap and so it won't be so risky on the mortgage (such as if I don't have tenants and have to cover it myself). This would purely be for rental income (as opposed to capital gain) but would be a foot in the door. Is this a good idea/bad idea? Any tips that would help me?
I appreciate any advice in advance. Thanks for your time.
Sean
Comment