All Topics / General Property / positive cashflow

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  • Profile photo of hayleyhayley
    Member
    @hayley
    Join Date: 2004
    Post Count: 2

    Hey everyone,
    i have two IP’s at the moment and i’m looking for my third now…but i am having big problems in finding IP’s that will deliver positive cashflow…i am beginning to think it is impossible! I live in Brisbane and have been looking at heaps of surrounding suburbs. Out of ideas…
    Cheers, Hayley.

    Profile photo of js2js2
    Member
    @js2
    Join Date: 2003
    Post Count: 758

    Get out of Brisbane and go for a drive in the Country, unfortunately this is what you might have to do. Or look for smaller cashflow properties such as a single unit, flat or bungalow. There just ideas!

    It’s just my opinion, but I feel I don’t know much about the city, I’m more country rural areas. But based on what I’ve heard capital cities increases the changes of finding a +CF properties, to next to none, very hard to find.

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