Gianni1 replied to the topic Some thoughts on country towns in the forum No Subject 21 years, 2 months ago
You must have lived in some interesting places! Thankfully not all small towns are like this.
Look for somewhere with a strong church going population and the risks are lower.
I agree though, local knowledge is essential – some places tend to be rough but not all! I think part of the problem is the local agents get pretty casual but if you get…[Read more]Gianni1 replied to the topic Positive Cashflow in the forum The Treasure Chest 21 years, 2 months ago
Hi, I have located a couple of properties in my town that are potential positive cash flow. Both priced around $50k and renting for $110+ per week. Our population is only 2500 but we have 100% employment and a steady growth from a large diversity of rural industries. Rental are hard to find (for a tenant) and the price rises are only just…[Read more]