Updated about 2 years ago on . Most recent reply
Long Distance Investment - First time investor
Hi!
We are a couple from Israel who recently moved to Sydney, Australia.
We aim to start with flipping houses to build capital for more significant future investments.
The high cost of properties in Sydney is challenging ($2M), so we are considering exploring a more distant but cheaper market.
Is it a reasonable strategy for first-time investors?
I would appreciate advice for long-distance investments!