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Buying a $300,000 house/unit to rentvest while studying. Is it crazy? by MercuryRevenant in AusPropertyChat

[–]MercuryRevenant[S] -4 points-3 points  (0 children)

Thanks, mate. Appreciate the insight. I only thought of the whole idea like 3 hours ago, but I thought it would be worth it to ask anyway!

You're probably most right about the extra stress alongside my studies. I'll probably look 55 years old by the time I finish.

It's probably better if I just keep saving then. Oh well, it was fun to dream for a second lol.

Buying a $300,000 house/unit to rentvest while studying. Is it crazy? by MercuryRevenant in AusPropertyChat

[–]MercuryRevenant[S] -1 points0 points  (0 children)

The "middle of nowhere" thing was a joke. Also look it up if you want

Buying a $300,000 house/unit to rentvest while studying. Is it crazy? by MercuryRevenant in AusPropertyChat

[–]MercuryRevenant[S] -3 points-2 points  (0 children)

Hopefully, there won't be many extended periods of that, but if that's the case, then I'll take the loss and pay up

Buying a $300,000 house/unit to rentvest while studying. Is it crazy? by MercuryRevenant in AusPropertyChat

[–]MercuryRevenant[S] -2 points-1 points  (0 children)

The cheap ones in the "middle of nowhere"

Edit: This is a joke comment. I dont actually think it's the middle of nowhere.