G’day,
it’s a good old thought provocking book aye…my initial search for positive cashflow properties (using the 11 second solution) in SEQ resulted in very little. Kingaroy and Kilcoy came close but I had to go as far west as Roma (about 5 hours from Brisbane) to find something. Any Qld investors around with experience who’d like to bestow there knowledge on a young up and comer?
In the mean time of course I’ll be still searching.
Sustainability by 10%
Degzy,
Your question will get more response if you post it in ‘General Property’.
I did invested in SEQ last year, but up until now I did not buy there anymore due to the same problem.
Growth there is very fast the property I bought there is currently nearly double in price.
I suggest you try different areas even different state.
Kind regards
Chan Dollars
[Retire Young, Retire Rich] [strum]Starting to run out of states lad’s…..
We are all made from Stars
indeed bionic – we’ll just go out find new ones….I hear the Iraqi property market has experienced massive “booms” of late – plenty of opportunities for those interested in renovating too.
Sustainability by 10%
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