kram replied to the topic Property bust not here yet … worse to come in the forum General Property 18 years ago
Dudes, Listen.
We run our spreadsheet at 6% capital growth.
It seems that this is the average metro rate and gives a great picture of your future
With 9 properties we have been in for the long haul.
Turning 54 this year and now thinking of rolling some into a cash producing portfolio but mght buy a couple more properties also if we can find…[Read more]
kram replied to the topic Australia’s Best Cashflow Positive Suburb in the forum No Subject 18 years ago
Hi
Our Karratha investment property has been tennanted now since October 2006. Rent $1,300.00 per week. Final cost, $621,000.00. Three months later the same house three years older realised a rent of $1,800.00! We tried to pick up another for $1,000,000 which would get around $2,300.00 per week but were beaten to the post. They are hard to grab…[Read more]