t803815 wrote:
Hi bjozef,Cash flow positive, as opposed to positively geared, means you are making a negatively geared property cash flow positive through depreciation. As the value of your property is depreciating over time on paper, this can be used to reduce your taxable income and allow you to claw back the difference between the tax you…[Read more]
If you havn't done so already check out the ASX website, specifically the online education facilities. They are interactive and informative and a great way to expand your trading knowledge.
Thanks to everyone who has the taken the time to reply to my request for advice. I am greatful and find all your comments extremely useful, keep them coming! Thanks again!Ben
Hi Mark,Could you please tell me more about the company you refer to in your comment. I have taken a look and submitted a request but it would be great to learn more about what you do and how you can help people like myself.Thanks mate,Ben
t803815 wrote:
Mark,Cash flow positive investments are all relative to your income. What sort of income do you need to earn to make these properties that your company sources cash flow positive? It's not that difficult to source cash flow positive properties if you're in the highest tax bracket.
In regards to the above statement, could you…[Read more]
18 that is young i am 20 and hope to have my first house by the end of this year. Do you no of any good seminars that i could attend. any advice that you could give me would be much appriciated. Thanks
Hi my name in ben i to am living in southern suburbs of Adelaide and am looking to begin my investing in real estate by the end of this year. sorry i can’t help you with finding another positive geared property but i was wondering where the two properties you already have are in Adelaide. Was it easy to buy ?. And congratulations on your investing success
Hi i think it is great that you have got your first property and that it is making you profit, congratulations. i was just wondering how old you are and how you went about getting your loan, what type of loan did you get. i am looking to buy my first investment and am looking a similar places like the one you have bought. any advice you could give…[Read more]
Thanks for your advice. I have bought Steve’s book and am currently reading it, i have also read Rich Dad Poor Dad, i am still getting use to all the sayings that go along with investing in real estate. Any other good books you can recomend????