Why everyone is against negative gearing property? A property is still an investment and I am willing to paid a little bit out of my pocket every week to still have a capital gain that will cover what I paid anyway

I think firstly you should ask the real estate what is the yield % (gross or rent return). After you compare it with the formula Purchase Price=annual rent/yield %.

the yield is due to the market.

So if yield > 6.57% (actual in your case, then the market price should be less than what is asked. If yield < 6.57% then the price should be more so…[Read more]

Firstly I suggest you to read the second book of Phil. You will discover than the goal is not to find a positive cashflow property (which is really hard in this moment everywhere in Australia) but find a “problem” and sell a solution to make a profit.
I am not saying that such properties do not exist anymore but maybe you should write down a…[Read more]