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Thanks for your replied so far, that give me some sort of guide.
I’ve just found these forums and I’ve had a look around. I’ve read some posts that say that positive cashflow is not realistic anymore. I’ve only read half of Steve’s ‘0 to 130’ book over the weekend, and I don’t own or rent any property at the moment.. so all I know is know I’ve extracted from Steve’s book.
But, from what I’ve read, Steve had trouble finding positive cashflow property in metro areas also, which is why he started with Ballarat. Is this correct?
So, my thoughs are, if you do your research properly, and not go looking for a property in areas that I want to buy (rather buy where the tenants are), then positive cashflow is realistic if you do the work.
Is this a logical though process, and is it correct? Or have things changed?