My family home is on a block that slopes away from the road and they were unable to funnel their water onto the road.

So instead all the water funnels into a pit underground. The pit is just made up of gravel underground and all the water goes there. It is cheap, and it works.

It isn’t water tight or anything and doesn’t need pumping. The water…[Read more]

Contact your real estate agent that your bought the property through and ask them if they can pass on the details of a depreciator. If that doesn’t work try calling other real estate agents in the area. If that still doesn’t work you can ask solicitors.

If all else fails just go to yellowpages.com.au or Google.

I found my builder and pest…[Read more]

May I ask why you are choosing Melbourne as a place to invest?
Melbourne isn’t necessarily positive cash flow.

I would be interested to know your reasons for choosing Melbourne and what your long term investment strategy is.

Ryan McLean
http://CashFlowInvestor.com.au
Positive Cash Flow Properties Are Just A Click Away

May I ask why you are choosing Melbourne as a place to invest?
Melbourne isn’t necessarily positive cash flow.

I would be interested to know your reasons for choosing Melbourne and what your long term investment strategy is.

Ryan McLean
http://CashFlowInvestor.com.au
Positive Cash Flow Properties Are Just A Click Away

Every offer I have submitted have either been in email or on the phone to the real estate agent. They have been fairly informal. I mainly state price and terms. If something is out of the ordinary (like you are offering significantly below the asking price, or if you want a vendor finance deal) then I will give reasons to justify my price and/or…[Read more]

Hey EvaCD,

The most important thing for you to do is to have an investment strategy. What exactly do you want to achieve from your investing?
Do you want passive income? If so how much?
Do you want capital growth? If so how much?

Is it that you want to live in Liverpool or are you just investing there because you can afford it. If you want to…[Read more]

Timbo,
You are in an incredible positive to invest. With so much in savings and quite a lot in equity you should start to think about investing in positive cashflow real estate. The sooner the better.
If you take your $200k then you could buy quite a few positive cashflow properties. In 2/3 years time when you have baby number 2 then your positive…[Read more]

Buying positive cashflow properties is probably your best bet. As interest rates rise, rents will rise and some positive cashflow properties will help offset your current property if it does become negative. With 400k to use you could easy create some nice passive income from properties.

Try http://cashflowinvestor.com.au it is a positive…[Read more]

Also…sorry I forgot to add this in.

Sarah Beanie from the show Property Ladder has a bunch of books out on property development and renovation. She is a genius.

The books are for the UK but they have loads of nuggets of gold in them.

Ryan McLean
http://CashFlowInvestor.com.au
Positive Cash Flow Properties Are Just A Click Away

Make sure you have a passion for this. Renovating is not easy.

Seminars and learning are good, but it is still a good idea to start slow. Buying a $1 million fix up job is risky for your first time around. Start small and build your way up. That is exactly what I am doing

Ryan McLean
http://CashFlowInvestor.com.au
Positive Cash Flow Properties…[Read more]

I would be very interested to know if a deck adds value. Obviously it can add value when selling it, but will a lender take that into account when revaluing your property.

I am keen to hear the results of this experiement.

Ryan McLean
http://CashFlowInvestor.com.au
Positive Cash Flow Properties Are Just A Click Away

@ Ryan – Thanks for your input. I am also looking to buy a property to subdivide. Knowing that it will take around 12 months to achieve subdivision might change my mind about going ahead with the subdivision. Why does it take so long?

What if you want to subdivide and then sell off the land? Do you still have to pay for water/sewage connection…[Read more]

If you just split the block you can sell off the land and then use the money to pay off your mortgage or to reinvest. It probably won’t affect rent much. This is a great way to get a positive cash flow house, and to get your equity back out to re invest.

Dual occupancy is good if you can build a house for cheap and it can really increase your posi…[Read more]

If you just split the block you can sell off the land and then use the money to pay off your mortgage or to reinvest. It probably won’t affect rent much. This is a great way to get a positive cash flow house, and to get your equity back out to re invest.

Dual occupancy is good if you can build a house for cheap and it can really increase your…[Read more]

Wow this is really interesting to know. I haven’t started development yet but I am definately looking to develop in the future.

All the legal document mumbo jumbo confuses me so seeing that it has to be 5.4m is easy to wrap my head around

Ryan McLean
http://CashFlowInvestor.com.au
Positive Cash Flow Properties Are Just A Click Away

Sorry I don’t exactly understand that this thread is about?

Am I allowed to ask you questions? What do you specialise in?

Ryan McLean
http://CashFlowInvestor.com.au
Positive Cash Flow Properties Are Just A Click Away

Advantages of Trusts

– Asset protection
– Tax benefits (if used properly)

Disadvantages

– More difficult to find lending
– Cost to set up

I purchase each property in an individual trust with a non-trading company as the trustee of the trust. This offers the ultimate asset protection.

It will likely cost you around $212/year to own a company…[Read more]

The calculation for working that out is extremely complicated. because every time you pay off the principle, your loan amount changes and therefore pay a different amount of principle off the next week.

I used a loan application on my iPhone, I am sure you can find one online easily enough.

Ryan McLean
http://CashFlowInvestor.com.au
Positive…[Read more]

I have also been looking at Horsham as a place to invest. The thing with the water situation you have to think about is that if we do in fact come out of drought, then the area will certainly grow. If it relies on agriculture is relies on water, and the more water the more profit. The more profit the more people and the more people the more you…[Read more]

I have found that buyers agents are too expensive. You have to pay 2% on the purchase price and if you buy a $400,000 property that is $8,000. That is a lot of cash to fork out.
Plus your negotiation ability and flexibility is limited as you have to go through the buyers agent. For this reason I do not use CashFlow Capital

Instead I recommend…[Read more]