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  • Profile photo of ChristineConquestChristineConquest
    Participant
    @christineconquest
    Join Date: 2002
    Post Count: 2
    June 14, 2002 - 3:12 pm

    AD
    I seem to have the same problem finding positive cash flow properties using the 11 second tool.
    I wonder if one can use positive gearing – initially, put some of the surplus cash (I wish) towards paying off a certain amount of the loan (to reduce costs), and when one reaches the desired result revert to Steve’s plan?
    Any comments?
    CC

    Profile photo of ChristineConquestChristineConquest
    Participant
    @christineconquest
    Join Date: 2002
    Post Count: 2
    June 11, 2002 - 2:55 pm

    Matt
    Could you clarify whether you are buying the property as well as the business.
    If you are buying the property, perhaps you could rent out the place and not get too involved with the hands-on of running the laundry business.
    Or perhaps sub contract to someone to the run the laundry business while you count the cash.
    After all, why spent your valuable time working for a living when you can spend more time looking for positive cash flow properties with a view to retiring early?
    Good luck
    CC

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