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Hello I have a Question about Finding Properties and travel.
I have been looking around for a while to find Positive cash flow properties in country Victoria the problem I have found is that finding them is very hard indeed
So looking out side the state that i live seems to be one option I’m considering.
My only problem in doing this is the cost of Travel.
Lets say you are on the road for 3 weekends a month searching out Properties
the way I figure it you would be spending around $300 a month as you would need to pay fuel costs and accommodation costs to me this is an expensive venture
so I would like to hear from people that have experience in this area.Also can I ask a question to those that have purchased Real estate in New Zealand
How do you go about seeing good deals while keeping down the cost of travel Overseas.Also Do positive cash flow properties opportunities run in cycles like capital gains?
I really hope they do because as I see the only way you can really get a positive cash flow property in to do wraps deals and that’s something I’m really not quite ready to take on just yet
Id really like to do several buy and hold deals first but there are just no deals around in Victorian towns that conform to the due diligent of the following factors.
1 population is over 10,000
2 the population is expanding
3 low unemployment
so forth and so onI feel very exited at the prospect of being financially independent thru positive cash flow property investing but I am getting a lot of self doubt that it can really be done any more
Any positive Feedback would really be appreciated.Thank you []
What about a Property Broker, they specialise in locating renovators and investment properties for their clients.Got to be cheaper than travelling.
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