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HI Ethan
Thanks for the advice i think that’s a good idea just start calling around now without actually committing to anything for now
Thanks Ethan!
Yes that’s what i thought i was thinking of starting out with them because i don’t have much capital and also they have good cash flow returns to help build up more savings to invest in better more expensive property deals. So should i just rent them out as is for the property’s under 60-70k? because what i was thinking the materials/labor to renovate the property might cost to much compared to the value of the property.
Thanks :D
Great post guys! I am trying to soak up all the information i can these posts are gold!
Thanks Benny killing it with the information!
Thats the kind of stratergy i am looking into.
Also i see alot of rural property’s need renovation which can be a good thing to buy a problem and sell the soultion is it worth renovating property’s around 60-70k?Thanks Tony!
My goal is to replace my annual income through positive cashflow property’s as fast as i can great tips much appreciated!
Yes it will be get excited
I did do the calculations including
Coucil rates
Water suppy charges
Insurance
Real estate agent fees for dealing with tenantsStill cash flow positiv Anthing else i missed? besides some maintenance costs here and there
Great insights guys loving it!
Ì was planning on buying a Postive cashflow property. I found a few where even if I used a 5% deposit which I won’t it will still be cashflow positive.Thanks again for all your help and thoughts!
Thanks a lot guys!
Really informative and really like the calculator benny!
Thanks guys!
Seems like 88% LVR is the way to go so far.
Do you know how much LMI drops from 90% lVR to 88% LVR or where i could go to find out?Thanks again.