Arty,
Ive just tied up my first deal.
2 houses on the one block devided into 4 flats in rural NSW.
cost $175k current return $390 /wk . the condition of both houses is pretty good with reno costs of less then $5k. Was previously in the one family since built and well looked after.
I use the net to identify areas with good potential then get in the…[Read more]

beancounter…. just a note while im dreaming about harrymac’s property .
for every dollar the tax man takes 48.5 cents i will get to keep 51.5 cents… and if its passive income ill take it thanks you.

I live in Lake Macquarie and work between the Central Coast and Cessnock and tend to “window shop” and chat in real estate offices during the day… . The market on the Central Coast in all areas is very hot the prviously “affordable” northern end has gone crazy with Sydney escapees.There is very little chance you will find a cash flow positive…[Read more]