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30-06-2014, 07:57 PM | #1 | ||
FF.Com.Au Hardcore
Join Date: Nov 2008
Posts: 1,422
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So recently I have been thinking on buying a block of land and building a house on it, knowing that I will be in debt for possibly the next 30 years. This makes me uncomfortable, as I work in FIFO industry and the work may well dry up in a few years, and finding as high a paying job after FIFO is unlikely. I'd love a house but I don't want to live beyond my means when my work dries up.
So, I've been thinking maybe putting my high salary in to good use by either investment properties or business. This is where I have no idea where to start. A google search yields so many conflicting ideas and much confusion. I need something I can start the ball rolling with very soon, and something that I can work FIFO with, so obviously not something that is high maintenance or that I'd need to be there every day for. Would anyone recommend industrial lots to lease out? Or how about storage lots? Any advice on where I can start? Thanks.
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2011 SILHOUETTE FPV GS 315 #0275 20x10", 20x8.5" Lenso D1R's Pedders XA Coilovers Brembo 4/1 Pacemaker 1" 7/8 Headers Twin 3" Stainless Manta Catback XFT Built Motor XFT Custom Surge Tank XFT Stage 3 ZF Final Drive Chromoly Tailshaft KPM Twin Air Filter KPM Stage 2 Intercooler KPM Twin Throttle Body 2.6L Kenne Bell on E85 BlueStreak Circle D Converter 900+ rwhp thanks to Xtreme Ford Tuning |
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