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Basic questions for learning investor

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Pat | 13 Feb 2018, 10:53 PM Agree 0

Just trying to to research and there is a lot of info to factor in and I am getting confused

A few things id like to clarify to ensure I look for the correct things to get an optimal investment property:

1. Location Location Location ( in my budget)
2. Land size in budget ( get the biggest I can afford)
3. House over Units over apartments etc...
4. Look for high owner occupied areas as this will increase my demand for rental? ( need confirmation on this please)
5. Build new construction to maximise tax deducations and save on stamp duty ( need also confirmation on this. I was told if I buy land then build on that I only pay stamp duty for the land? and with building new I can claim depreciation on fixtures and fittings)
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