kram replied to the topic Property bust not here yet … worse to come in the forum General Property 17 years, 7 months 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 17 years, 7 months 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]