I’d be interested to here from anyone (including Steve) who has bought ercently in the Hobart area that can say the property acheives Steve’s positive cash flow model.
I am finding it challenging to find a place where your can use the general rule of ernt being double the property price (in $K). i.e. a $100,000 house needs a rental income of $200 per week. I just can’t find them.
Shughson, from memory though there hasn’t been any mention of Hobart. I think it’s definitely become like all the other ‘regional’ capitals, and prices have increased far more than rents.