cathyrob replied to the topic Profit Plan in the forum General Property 18 years, 9 months ago
Our profit plan is fairly basic. We are interested in cash flow so if the property will pay for itself before tax deductions then it is worth considering. Obviously growth allows us to continue to refinance to continue purchasing. We have considered some cash flow negative properties because of potential growth, but would only buy if we had…[Read more]
cathyrob replied to the topic Where to start in 2006? in the forum Help Needed! 18 years, 9 months ago
I agree that it is increasingly difficult to find cashflow positive ( to our liking anyway). We have just signed though on 2 units renting at $225 per week for $174K. Yes they need some work, but at least the is no body corp costs to eat into the rent.
Certainly not the reurn we have got in the past on deals, but not too shabby these days,…[Read more]cathyrob replied to the topic USA TRIP in the forum Overseas Deals 18 years, 9 months ago
Have agreat trip, don’t think we are up for it this March, however we are seriously looking at buying in US. Was it difficult? Is there anything we need to be aware of? Are you financingOS or using existing money in Aus?
We would be keen to talk to you in more detail if you are interested
Cathycathyrob replied to the topic Investing in the Us in the forum No Subject 18 years, 9 months ago
What is the process for buying int he US? Is the process similar to here? what are the tax implications? We have sourced some properties that seem to hav an incredible return. Are we not seeing something?
cathyrob replied to the topic Can you help? in the forum No Subject 18 years, 9 months ago
We would like information about the process and the pros and cons of buying property in the US or other overseas destinations.. How do we go about it? What are the tax implications?