Dream Design
My husband and I are in our 40s and have paid off most of our house -- $400k remaining on a house valued at $1.9 million. Our neighbour has recommended we buy positively geared property with a company called DDP -- Dream Design Property. His philosophy is that you cannot have too much debt as long as it is positively geared. I guess it is easier to have a positive cashflow property with record low interest rates, but I do wonder what will happen when interest rates go up. Any thoughts?
Wendy
Hi Wendy,
Shrubs. You need to invest in good-quality, fast-growing shrubs that will block out your neighbours and their stupid advice. I googled the company you referred to. It showed a young dude standing in front of a Ferrari, with the headline: ‘From Student To investor With 15 Investment Properties In 3 Years.’
Shrubs, Wendy, invest in shrubs.
Scott