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Should my first property be investment or family home?
Hi I am Aarati, I am from Australia. I am here after reading a book on “how to invest in real estate” by joshua and brandon.
i have never owned any properties so far and i am willing to enter into real estate world this year. I am very confused about if my 1st property should be the home that i live in or should I buy an investment property? I am excited to learn about real estate and i want some suggestions to guide me on how to start. Any suggestions would be highly appreciated and thank you for taking time to read my post.
Quote from @Aarati Shrestha:
Rents are currently 30% - 50% cheaper than mortgages in the USA. It makes sense to rent and save up that extra money to apply towards a future purchase.