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  • Profile photo of mdpearcemdpearce
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    @mdpearce
    Join Date: 2004
    Post Count: 7
    September 11, 2004 - 1:57 am

    This is all very interesting but it seems like everyone is sitting on the fence a little when it comes to whole heartedly backing +ve cashflow as the best property investment strategy. Would I be right??

    Anyway … if Lomas’s books aren’t so good and we’ve read Steve’s first book (looking forward to the second) … are there any other GREAT books devoted to +ve cashflow?

    Electric

    Profile photo of mdpearcemdpearce
    Member
    @mdpearce
    Join Date: 2004
    Post Count: 7
    June 30, 2004 - 12:27 pm

    Thanks for your feedback everyone. Do you know what it’s called exactly? I’m struggling to find “form 1515”

    Cheers,
    Marcus

    Electric

    Profile photo of mdpearcemdpearce
    Member
    @mdpearce
    Join Date: 2004
    Post Count: 7
    June 12, 2004 - 10:19 am

    Thanks guys appreciate the advice. I don’t have any property – still live at home with mum and sisters (I’m 22). My bad debt is $1250 on a credit card and $1500 on a car. I’ve just sold my Astra and downgraded to an 85 Corolla so I’m learning the “bad debt” lessons!

    I have thought about borrowing against the family home but they don’t seem too keen. If I were to take up the 3% solution is interest much more expensive?

    And just one other thing – would you recommend interest only loans for long-term investments?

    Electric

    Profile photo of mdpearcemdpearce
    Member
    @mdpearce
    Join Date: 2004
    Post Count: 7
    April 24, 2004 - 6:38 am

    I’m new to investing, but would it be fair to say that in the modern real estate climate wraps are the most viable way of creating positive cashflow?

    Electric

Viewing 4 posts - 1 through 4 (of 4 total)