KT2303 & Cadilla69

Cad had some great advise. 106% is very possible. Gets you into the market. May cost you mortgage insurance but if the deal is as good as you feel you will already be in front. Check your numbers to make sure you can at least make interest payments and the underlying costs and get on the road to success. All the best, Doc

kALGOORLIE:
I am buying in Kal, seems very stable. Shire just spent $5,000,000 on new acquadic centre, Bunnings just spent 7 figures on a new store. Target, new shoping centre, Harvey Norman spending several mill on new shopping centre, Big W just going up. A lot of new top quality homes going in. Super pit the main mine has 17 years to go on…[Read more]

Consider out of state. It still doesn’t fit the divide by 2 x by 1000 of the book BUT a $480,000
I just bought makes $750 a week. Just bought a $565,000 house making $900 a week. Karratha
a mining town in WA. Great potential, booming with oil and gas. Certian units in Kalgoorlie pencil out real well. Bought a 4plx for $490,000 two weeks…[Read more]

Originally posted by Docbue:
Originally posted by deejay12:
Have just read about Steve’s 11 second ‘quick evaluation’ to work out if a property might suit a positive cash flow investment strategy.

However, when I do the sums for almost any property I can think of, they just don’t add up. Take my own modest 3 bed house, average block, 20k from…[Read more]

Originally posted by deejay12:
Have just read about Steve’s 11 second ‘quick evaluation’ to work out if a property might suit a positive cash flow investment strategy.

However, when I do the sums for almost any property I can think of, they just don’t add up. Take my own modest 3 bed house, average block, 20k from Melbourne CBD – think I would be…[Read more]

Originally posted by deejay12:
Have just read about Steve’s 11 second ‘quick evaluation’ to work out if a property might suit a positive cash flow investment strategy.

However, when I do the sums for almost any property I can think of, they just don’t add up. Take my own modest 3 bed house, average block, 20k from Melbourne CBD – think I would be…[Read more]