Hi ,

I am only new at this. I am interested in buying a Investment property and renting it out. ( actually I would like to buy a few) I have read one of Steve’s book, and i cannot see how his figures work in this day and age. I can see how it worked 10 years ago in the property boom. but I cannot see how it works with the prices’s of houses at the moment. I currently live in Ballarat victoria, and I will most likely buy there to start off with .

I have tried to work the figures out but with house prices around the 220-250 range i cant seem to work it out