Hi Guys,
Just joined so here goes my first question to you guys who know alot :
I live in Melbourne, but think that Brisbane will be a better bet over the next say 20 years.
Without flying up there 3-4 times to check out properties, attend auctions, what is the best way to do all your research when you can't be there in person yourself?
Can I really just go off web sites, then contact the agent and make a bid?
Interested in your thoughts
Here's a video I did when in Brisy recently. It shows what's required when investigating an area in a city you don't know. I ended up buying a couple of properties in the northern suburbs to add to the kids portfolio (hopefully they thank me one day). I explain what questions to ask when meeting with town planners regarding infrastructure. Both budgeted and unbudgeted (I also picked up a new high rise apartment development in West end and met up with Nic the new editor for Australian Property Invetsor magazine) http://openwealthcreation.com.au/ta...property-wealth-wod-work-out-of-the-day-ep-9/
You're not buying lollipops. You can't afford to make a $500k mistake. Do your research. Then buy confidently.
Hope this helps