Physics replied to the topic Positive about Negative in the forum Help Needed! 20 years, 6 months ago
Hi Glen,
You’re correct, any property can be made cashflow positive with a sufficiently large deposit but that’s not the point. It’s the return on that deposit that counts, or to use Steve’s terminology, ‘cash on cash return’.A positive cashflow property returning 4 or 5 percent is a waste of time and money (unless you can guarantee fabulous…[Read more]