dennisL replied to the topic Perth – where to invest? in the forum Help Needed! 20 years, 5 months ago
Have been looking on the internet at Quinns. It appears there are a number or 4x2ish properties about for sale at the mid 200K mark. There seem to be few properties for rent in the same area.
Would this indicate that perhaps there is strong demand for rentals/low vacancy rates?
Cheers,
DennisdennisL replied to the topic Cashflow while renovating. Possible? in the forum No Subject 20 years, 5 months ago
Thanks you for your advise. I’ve decided to read Steve’s “0-130….” and am halfway through it. If the +ve cashflow property still exists, my equity has a new direction.
dennisL replied to the topic Cashflow while renovating. Possible? in the forum Help Needed! 20 years, 5 months ago
Adviser,
Thankyou. You are right, the last thing I want to do is threaten my little family’s well being.
My focus then, should be to use the little bit of equity I have to acquire some positive cashflow properties.
Do you know where I can find resources that could help me learn how to identify potential +ve properties?
Thanks again,
Dennis