Just received info from Residex that their latest Positive Geared Opportunities Report is out, I have purchased the last 2 and found them very helpful, but I won’t be buying any more – they warn that the latest report only contains approx 40 locations where positively geared property can be found. Obviously its getting way more difficult to find those elusive +ve deals. HG
try NZ!
yes – you still seem to be able to find em over there Mini. [cap] What will happen to this forum when they are all gone? That report had almost 80 areas to find +ve properties in Jun 2003 – now its halved by Mar 2004. By the way the figures are stacking up the report will be non existant by next year and +ve properties will be a thing of the past. HG
Yes I received this info as well.
Out of those 40 locations they are counting all areas that have more than 5% yield and have devided their findings in:
G: A good chance to find positive gearing with a yield 7.5% or more.
M: A reasonable possibility to find positive gearing with a yield of 6% or more.
S:A slight possibility that pos gearing will be found with a yield of less than 6%.That might mean that out of these 40 areas there’s only a minority of areas that have a yield of over 7.5%. [thumbsdownanim
Yields under 6% are not extremely hard to find, you won’t need a $220 report to find these areas.
I have found some 7-7.5% yield properties myself, as well.
SO to pay $220 for a report for yields that you can find yourself is a bit steep.If they said: ‘Yields over 9%’ I’d be very interested!
[anxious]
You must be logged in to reply to this topic. If you don't have an account, you can register here.
