Hi Investor Girl,

Are these coastal properties in a tourist location? I would not recommend investing in tourist properties or holiday homes as the rental income is usually not that secure. They often boast high rental yields however you have to think about if that income can be maintained.

Hope this helps

thanks

Hi Jimmy,

I would predict interests rates to rise in 2010 as well and as Terry pointed out usually with rate rises there are also property price increases.

What you need to do is assess your financial position and determine how much you can afford. In my opinion rising interest rate prices should not be a deterrent to invest provided you are able to cover the costs. Just make sure you do your figures and if you find that you are stretched perhaps think about purchasing a cheaper property.

Hope this helps

Alaister Low

you can find +ve cash flow properties here:

http://www.PositiveGearingProperty.com

I highly recommend putting all the figures including all outgoings into a spreadsheet to really find out how much money you are making every week or month.