The world owes you nothing, it was here first..What one man does another can do..Work with what you do have, dont dwell on what you dont have…The only risk in life is not taking any…short term pain long term gain…
Hi guys The latest strategy I have been looking into is very cash pos and in some cases fits the 11 second solution. I have been looking around uni towns at 4 or 5 bed houses and renting out the rooms on individual leases, I even found a property manager who would manage it and does for others, food for thought
Hi J I think you could get an admin job working in a Real estate agency no worrys at least you will get a guranteed income, and you can learn about sales and property management while your their and possible move into sales full time at a later date
Hi guys Im interested in any one who has invested in Port hedland or south hedland or who has any relevant info and there experiences good or badI mean it looks to good 11% yields, Im after cashflow not to concerned about growth, I have IPs in other capital citiesthanks in advance guys
Hi Rick H well done Im looking at making the trek to the US in the coming months, can you keep us forumites posted on how everything goes Im particularly interested in your Property management experienceswell done
Hi Mdm, I dont think there is an argument about which is better growth or cashflowboth have there uses, my mrs and I using a combination of bothwe have 3 cash pos IPs an 5 (inner-city) that arent and the cash pos ones definately help offset the othersbut I had some awesome growth on my inne- city ones in the last 18 months in Sydney..
Hi Alchemisst,the best cashflow idea I have come across lately is to buy a house with a self contained grannyflat fence it off from the house and rent the house and grannyflat out seperately… A mate of mine is doing it its his niche, he buys places in west sydney, house with grannyflat for $300-330k does a quick $15-20k reno if needed, rents th…[Read more]
Hi Alchemisst, I checked out your link, I would say a no way, I think you will have major problems financing a hotel roomthe future growth will be limited if at all.. Im skeptical of any rental guarantee what if the management company goes bust ? wheres your guarantee then ?is this hotel room freehold/strata titled ??? i get the feeling its just…[Read more]
Have the doomsayers set a new date yet ??? we are in nearly in March 2010 no sign of slow down or property crash in Sydney yet, Im making more money than ever