Hi Everyone,
Regarding cashflow properties, I live in Brisbane, and continually search the net.I found a 2br unit in Cairns that I bought for $54,000, and it returns $110 per week. I figured this pays for itself. I bought this 18 moths ago, the unit next door to this recently sold for $97,000!, I have since refinaced and bought another unit in Cairns, and I have bought a house in Brisbane (paid $134,000), now worth $210,000, which I initially got $165 pw for now returns $210 per week!. All these properties have gone up in value and I have equity to buy more with bigger deposits. The point I am making, is to make a start, even if they just pay for themselves, eventually you will have equity to move on to another investment.