Originally posted by L.A Aussie:
Originally posted by KALTS:
Hey guys,
Has anyone heard of these guys? REIN = Real Estate Investors Network.
From the info ive found so far, they find properties that are in locations that are likely to have high capital growth, and they work out how to turn the property into a neutrally geared, or about $10/week…[Read more]

Originally posted by esnam:
hi correct me if im wrong but this is from my experience. that was my thoughts about 2 years ago, buy as many +ve cash flow properties as possible, but in order to buy a lot of properties (65 as you say in your case) you need 2 things! income and EQUITY!! just because properties as self sufficient (+ve geared/+ cash…[Read more]

Originally posted by APerry:
Hi KALTS,

Have a look at Mt Isa, its a large town that is really moving ahead and still offers quite good cashflow. I have a couple of clients who are developing up there, I’d be happy to put you in touch with them if you are interested in the town, they are a wealth of knowledge.

Regards
Alistair

Hey APerry,
Id…[Read more]

Originally posted by World Changer:
Hello Kalts,
Some mining towns are fine to invest in .Just do yr research thoroughly.
Something i would remind you though is running 65 cheaper cashflow propertys takes alot of maintenance.It will become another job for u.If you are looking to stop work you will need to have enough income from the propertys to…[Read more]

Thanks csimons,
I obviously need to look into the market a little more, you’ve been a great help and ill have to check out the buffalo market.
Im just starting to invest in Australia, but the high returns i was seeing on paper in the USA just looked too good not to investigate further.
Thanks again
KALTS