I am fairly new here and was in the same position as you too, but as you say it’s hard but not impossible
This week I have found two positive geared properties alone, wont tell you exactly where they are because still in nego the price.
Keep going and searching.
Can give you a little tip, when searching for example realestate.com, click on the agents and also go through their personal listing, you maybe surprised.
Good reply and I appreciate it, this should keep me up to 1 am with some light reading and also trouble with the other half for staying up late again heheheh.
Cheers p.s huge source of info here from fellow investors
I am also interested in the US & Singapore markets .
Just wondering did you see the housing reports on CNN the other day. I missed the full coverage and just caught the highlights, dont want to be a wet blanket, but indicators that they are in for a heavier downturn than the Aussie property market.
Just want to know your views on this, and if you could p/m the forum to me to be appreciated. ( why cos I normally go against the grain)
I totally agree with you there too:) I have been lucky and had the same tenants ( wait for it for 17 yrs ), I have renovated the unit for them in that time, and the last job was fly screens.
[biggrin] Bunnings being my second home, and dont mind getting involved, very easy to knock up fly screens, and keep everyone happy. (tax deduct.)
I read above its a buisness deal, I agree there too, but its also good to crate a win / win situation. And as with business the environment also changes and i.e repairs need to be done.
I believe minor repairs or add ons as such is not really a huge capital expense.
I rent and still do, and also landlord, so have a clear perception of both sides of the fence.
If tennants can make your i/p more homely, and you are responsive to needs within reason, then you are in line for success. i.e. better / long term / respectful tennants.