KarenB replied to the topic Property Price Vs Rent Price in the forum General Property 20 years, 3 months ago
Hello Kay & Westans,
Given that this whole website is devoted to cash flow positive property acquisition, how many people (such as yourselves) actually have cash flow positive property??If you have cf+, did you purchase before the most recent property boom to get the cheap house price to rent OR have you all done as Steve did and do wraps??…[Read more]
KarenB replied to the topic Positive Gearers vs Negative Gearers in the forum No Subject 20 years, 9 months ago
Hello All,
I have ended up with 1 x -CF, 1 x +CF and 2 x BECF.I believe that we will always have a mix of + and – although I would aim to do more +++ as you can obviously get more that way. I would like to do some wraps and so this would increase your + properties.
Cheers Karen B!
KarenB replied to the topic Too hard!!!!! in the forum Help Needed! 20 years, 9 months ago
Thanks ANUBIS, the best advice I have heard in a while and good for us new investors too!
Your advice will save us from going too crazy looking for straight buy and hold +CF deals.
One has to remember that most of the + CF IP’s that Steve set up and still holds are wraps (it would seem from the book). And wraps are probably the last place most…[Read more]
KarenB replied to the topic Positive property – where ? in the forum Help Needed! 20 years, 9 months ago
Hi Marianne,
I was of the mind last week that finding property that meets the 11second rule at this stage in the market in Qld (where I am from) would seem to be impossible.But with diligent searching for online listings (about 2hrs one morning last week) and research on the towns stats, growth potential etc… I believe I have found a town that…[Read more]
KarenB replied to the topic Positive property – where ? in the forum Help Needed! 20 years, 9 months ago
Hi Marianne,
I was of the mind last week that finding property that meets the 11second rule at this stage in the market in Qld (where I am from) would seem to be impossible.But with diligent searching for online listings (about 2hrs one morning last week) and research on the towns stats, growth potential etc… I believe I have found a town that…[Read more]
KarenB replied to the topic GROwth or CFLow in the forum General Property 20 years, 9 months ago
Hi Redwing,
This is a great question and one that I am eager to hear the answer for from others. We have our own home and 4 IP’s at the moment and I am eager to get into more asap but I am willing to take the time to do the research and I feel that if we can hang in with the interest rate rises that may come then going into 2005-2006 it may be a…[Read more]KarenB replied to the topic selling a house without agent in the forum General Property 20 years, 9 months ago
Hi Tanya,
We sold our own home privately to a work acquaintence in June 2003. It certainly is doable! Just work with your solicitor to do deal and contracts.I would certainly try to sell privately again. I would simply take out a listing with http://www.realestate.com.au and place 1 or 2 ads (probably with photo) in the most read real estate paper…[Read more]
KarenB replied to the topic What types of IP does Steve Recommend? in the forum No Subject 20 years, 10 months ago
Thanks georgisj,
Thanks for your feedback on my enquiry. It is interesting to hear that you have purchased aparmtents as we have only older house and land (x4) at this stage and I feel that there may be more opportunities for +CF from apartments as the rents can often be higher for an apartment than a house.Yes, we are both working and have one…[Read more]
KarenB replied to the topic March Conference in the forum Heads Up! 20 years, 10 months ago
Hi Jules,
I have the same question, so often you can gather great info from a book you want to know that the seminar will offer more detail.
Cheers Karen B!