I am in Melbourne, Taylors Lakes to be exact.

Buying a pos + cash flow property should be of no further burden to you as it is positive cash flow.
So hold on to the 1 you have and start looking for the pos property. Even more so now buyers are more motivated to sell.

I beleive the plus can be no higher than 10% of the sale price. Check this with the agent.
Another argument is that they promise the seller a higher price than they can get. So the agent advertise for a low price to get people to look and then try to push the price up.

Hi everybody,

My first ever posting has only been here for 1 day and I am amazed at the high level of intelligence on this forum. So many people willing to try and help each other out is fantastic.

I know some people love Robert Kiyosaki and some despise him. I find him very motivational but like any advise will check it out as best i can before…[Read more]

Hi,
could you please send me a copy of your spread sheet.

petersemail@yahoo.com
Regards
Peter