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  • Profile photo of wavingnotdrowningwavingnotdrowning
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    @wavingnotdrowning
    Join Date: 2004
    Post Count: 1

    Marsden

    You made reference to the 1% rule. I am new to this whole thing and try as might I dont understand why anyone would be interested in purchasing a property for positive cash flow if all they are likely to get is a gross annual return of 5%! Currently in our area (rural Queensland) a $200k property could be expected to return about $200 pw. Am I missing something?

    cheers

    Waving

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