I guess one of the consideration was a tax perspective. When you hit a certain bracket you realize that you are paying a lot more for your taxes to the government and it goes nowhere basically. So I wanted try to see how the money could be channeled to making myself more as it will, well have to do in a long term. I came across hotspots and basically just wrote it to see what’s all this about, like when you do that kind of investment without the right information you are not sure and I think what hotshot brought along of knowledge about what’s out there. Where are the real building areas and where it’s more sustainable and because of that, I got more interested in chatting.
This is my first property investment, aside from my main, my own property here in Australia. So hence it was important, I made the right decision and very important to be dealing with the right people. There is no real cost to me, because purely servicing the interests on the loan and that will be serviced by the rental incomes. So this stood up for me more of a positive sort of investment. So hence it will provide income on a regular basis.
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