All Topics / The Treasure Chest / Many Question’s

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  • Profile photo of Native_MetaLNative_MetaL
    Member
    @native_metal
    Join Date: 2003
    Post Count: 47

    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 on

    I 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 [:)]

    Profile photo of AdministratorAdministrator
    Keymaster
    @piadmin
    Join Date: 2013
    Post Count: 3,225

    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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