Terry replied to the topic Positive Cash Flow Properties – Real world examples in the forum General Property 9 years, 10 months ago
Correct- the net yield excludes Mortgage, because all lending situations are different – but they are all at least 2% cash positive.
These properties have been purchased in the last 12 months, (there are others) and are spread across three states in or accessible to regional centres.Terry replied to the topic Positive Cash Flow Properties – Real world examples in the forum General Property 9 years, 10 months ago
A very good example of the need for due diligence – and personal knowledge. That is enormously appealing BUT I would suggest a drive through and inspection of the surrounding area, and then a chat to the local coppers.
You will get that return, and probably will always be able to rent it, but the tenants will most likely not be long term – the…[Read more]Terry became a registered member 9 years, 10 months ago