Yes dead right Ben,Anywhere where you can get more than one income stream from the one purchase/piece of land you have a far better chance of being able to achieve higher yields and positive cashflow.In fact in my portfolio, i only have one single tenancy property (3 bed house) all the rest are either houses with minor dwellings, or even better…[Read more]
Great post quickchick!It sure does work To find positive cash flow deals you first have to be open to it, and believe that they are out there. I have seen it many times before – If you dont think it is possible, then you wont find them, or be able to create them.
Hi there guys,Just a quick update: We are now offering free access to 2 hours of content taken from our online property mentoring course for those of you who wish to check it out, this is just a very small sample of a few of the 12 modules.To get access just visit our site http://www.PropertyInvestorCentre.co.nz and look for 'FREE Video Report' on…[Read more]
Hi there guys,Just a quick update: We are now offering free access to 2 hours of content taken from our online property mentoring course for those of you who wish to check it out, this is just a very small sample of a few of the 12 modules.To get access just visit our site http://www.PropertyInvestorCentre.co.nz and look for 'FREE Video Report' on…[Read more]
garymcl wrote:
Can someone offer constructive words of advice?After taking BAD advice – I went bankrupt to clear my debts (I know.. but now I must live with that silly decision).Now discharged (6 months ago), I am in a high income bracket (> $100,000 gross pa) with no debts at all and wishing to start property investing although I'm now in my…[Read more]
Hi Suchy,Send me an email at clint@propertyinvestorcentre.co.nz and i will reply with the full info report on that property which includes the cashflow analysis etc, so you can see it all in full.These particular properties were built and have been owned by a party of 3 people, they have had a falling out and have put the units up for sale, they…[Read more]
FordGT18 wrote:
Even if you buy cash flow negative, eventually it's going to become positive as rents go up.
Yes, that is absolutly true, but the problem is can you afford to hold it long enough for that to happen, and the other problem is, you are very limited to the number of those properties you can buy, as you run out of debt servicing…[Read more]
Tremelo wrote:
Thanks for all your info, I was only expecting a reply or two but 7 in one day is pretty impressive.I have done some further research and pasted a link below. http://www.hotspotting.com.au/index.php?act=viewArticle&productId=11I will be giving the hotel pool a big miss after reading all of this. However there is the option to buy…[Read more]
Others have pretty muched covered it all here, and hit the nail on the head about checking market rental levels etc, and that the 2 year guranteed rent may be soley in place to make the investment appear attractive to get them sold, and in fact may being drip feed back to you from your inflated purchase price.I never invest in a property that i…[Read more]
Suchy,I am not sure if you are aware or not, but if you purchase a property that is say 80-100% financed by the bank and it still generates a surplus rental income over all expenses (including loan interest) hence positive cashflow. You can still end up getting tax credits due to the non-cash deductions I.e. The depreciation costs you are allowed…[Read more]
Hi there Suchy,As a few others have already mentioned, there are several different ways to skin the investing cat so to speak, all have their place.But at the end of the day, it is very hard to beat long term buy and hold type investing, done correctly this is the way to long term sustainable wealth, that can be built and passed down thru the…[Read more]
marx3bull wrote:
Your plan looks wonderful. I am looking forward to it. I am looking for a good place to invest so that I can easily make good money. I request all members in this forum to suggest some good place names so that I can go to a deal.
Check out our latest offer here, good discount below the valuation and cash flow positive as it…[Read more]
For the first 5-6 years of my investing, i choose to rent myself, rather than purchase my own home, so that i had a higher borrowing power to purchase as many rentals as possible whilst i was in that agreessive aquisition mode.Basically by purchasing your own home first, you are drastically reducing your future borrowing ability, as you are…[Read more]
Hi Fergus,My first advice would be to not limit your yourself by only looking to buy property in the area you live. Many people think they will not be able to afford to purchase, just beacause the average property price in their home town/city is too high.I would rather see people get into the market by purchasing a property in another lower…[Read more]
Hi Guys,We have just sent out a Property Alert email to our database, advising of our latest Property deal. Which is cash flow positive pre tax by over $4,000 p.a. and in a excellent growth area. Available via assignment.See the email online here http://eepurl.com/c_JR
Hi Guys,We have just sent out a Property Alert email to our database, advising of our latest Property deal. Which is cash flow positive pre tax by over $4,000 p.a. and in a excellent growth area. Available via assignment.See the email online here http://eepurl.com/c_JR
Yes there sure are currently some excellent opportunities to purchase quality properties, which if bought well can offer some pretty good yields. We just contracted two such properties yesterday. Have actually just come back from inspecting one of them, and we are amazed how good this property is, and the fact that it is one of the best cap…[Read more]
Terry,Of all the investors that i have seen get into trouble and go to the wall over the last 18 months (and the list is long), it has been mostly the investors that ignored the cash flow side of things, and went soley after the capital gain or speculative type deals. Those of us that had good sound sustainable and balanced portfolios are still…[Read more]
Hi there Ms Trump,You have posted a very good question, and one that many people chew over when they first start thinking about investing in property.I am a total advocate of positive cash flow. Obviously capital growth is very important as well. But to be able to hold the properties long enough, you have to be solvent, IE. be able to afford to…[Read more]