I'm finding CF+ properties hard to find and as much as I'd avoid a negative cash flow property, I'd be happy to find a property with a negative cash flow that I can comfortably afford each week, as long as I think it has good growth potential.
Funny you mentioned increasing income, as comparing income growth from 2006 to 2011 data on ABS is definitely something I have on my checklist. My preferred yield is 7% too. I now agree too that historic growth is not a guaranteed indicator for future growth, so focus more on growth drivers now when doing my research. I do however look at the growth rate and trend in the past 3 years though.
Im building up my deposit for IP2, so Ive got plenty of time to refine my searching skills. Cheers
I'd be interested but I'm wondering if the information would be suitable for me as I am just beginning this journey to become an investor/ future developer. Thoughts?