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  • Profile photo of Bayden HammondBayden Hammond
    Participant
    @bayden-hammond
    Join Date: 2006
    Post Count: 2
    March 22, 2006 - 7:46 am

    PS: I should also add that I have found properties with potential for positive cashflows, but these have literally been on the border of Victoria (I am a Melbourne dweller looking for Victorian property at this stage), hours and hours away with usually very poor potential for a strong rental demand / income.

    I am starting to feel just a little bit cynical…

    Bayden Hammond

    Profile photo of Bayden HammondBayden Hammond
    Participant
    @bayden-hammond
    Join Date: 2006
    Post Count: 2
    March 22, 2006 - 6:59 am

    I am practically laughed at by many when I say I am looking for a positively geared property. I have been told, “In this day and age, you would need a pretty hefty deposit to make positive cashflow returns on property…” I really want to prove these comments wrong, but my research seems to be doing the exact opposite. So are positively geared properties only for those who can afford higher initial cash outlays?[hmmm]

    Bayden Hammond

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