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Steve

Steve

Need advice for IP in QLD

21D ago 1 Replies 25 Views
Hi Friends

I need an advice.

I have 1 IP and a PPOR in Newcastle, but hoping to pull the trigger on another IP this year.
Chasing people's opinions on Logan region in QLD, I'm hoping to spend between 250-300k for a house, and this area is in my price range. I think it has some good fundamentals such as proximity to both Brisbane and the gold coast, rental returns, and has at least a decent amount of infrastructure. I'm looking long term hold, but plan to buy below market value or possibly add value, and use this next purchase to accelerate my property journey.

Is anyone else in this market or area, or have any other advice on where or what to look for?

Thanks
Roma Roma
21D ago
We just got rid of our Logan investment because of bad tenants and constant repairs. Part of this was due to incompetent Managing agents, we tried multiple but no luck. Left a bad taste in our mouth so that is why we got rid of it. That being said I know lots of people that have invested there with no problems.
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