only 3% cash on cash, worth it?

[Amin Parsi]

Hi, I’m living in Australia on a temporary visa which will be changed to permanent in 2 years. for a 300k prop I wanna buy, I have to pay 30k more than other people as stamp duty because I’m on a temporary visa. but the prop still giving me 3% yearly cash on cash. I’m not sure it’s better to wait 2 years to get my permanent visa to waive that 30k or just buy it now? thanks for your advices in advance.

Amin

[Amin Parsi]

Quote from @Paul Burkett:

If you want to get started, find investors in your area that are experienced and see if you can partner with them on a deal. That way you can maybe get part of a deal and build your cash. You will also be able to learn from them. Look for local real estate meetups.

Thanks Paul, that’s right. I’ll stick to it