Dazzling… Those CF+ deals that dont meet your criteria… feel free to shoot them my way:) Im from Perth and wouldnt mind seeing examples of these properties around here! The only examples I've found are miles away and due to there rural nature are not very viable. Your help and motivation would be greatly appreciated!g_man08

Thanks JL – valuable advice. Yeh the area I'm thinking of investing in is close to a lot of mine sites so shouldnt be a problem with job security. Ideally I'd like to rent it to a mining company.In terms of a building inspection and pest inspection- hopefully there are resources in the area… I'll have to investigate!  In terms of property…[Read more]

Cheers JL. What about issues such as structural checks on the building? Did you get these done? Being positively geared I know its not massive money on the property but none the less I dont want to buy a dud – particularly as it is my first one. I have spoken to the owner of the property himself – and says that he rented it out for 250/week when…[Read more]

I have found that in order to get positive cashflow (11sec rule) you will generally need to purchase property further away in rural areas. Sure the area may not be good or the house that great for that matter but you are not trying to achieve capital gains but rather positive cashflow. These houses are generally less than $200k or more so less…[Read more]

I too am new at the investment game. I have found a property which would make a positive cashflow but the problem is it is in a very rural area that would require more than a day to drive there… Is it too risky to buy a property that I haven't even seen (apart from pictures) – I really can't believe I am thinking of it – but the numbers…[Read more]