Michael 888 wrote:
Hey Yorkie,outstanding stuff, especially the Albury units. I figure 7.3 % yield before expenses and not having allowed for whatever depreciation you've got to write off.Did you need to put any cash into the deal (not equity from other properties) and if so what was the LVR (if you don't mind sharing) to bring it to positive…[Read more]

supersarafu wrote:
Hello,I'm extremely new to property investing (just getting to the end of reading books and starting to research locations). I'm looking primarily for cashflow +ve deals in Melbourne's North – North/West suburbs. Could really, really use some advice from anyone who is currently investing in this area or who has previously…[Read more]

hi tina,i have no mortage on my ppor and its worth $435k so had a line of credit set up with comm bank for $200k and also have 2 other investment properties that are cash flow pos+.am about to refinance with rams to up the line of credit to $300k as the comm bank wouldn;t at the time.bought the 3 units on 1 title with 95% loan from comm and the…[Read more]

hi all forumites,i have been doiing lots of reseach in the frankston area and know the place pretty good now after checking it out for the last 4months and many a trip pre-eastlink and now joyfully post eastlink. if there are any of you that are looking to invest but are time poor or can't get there then i would be happy to get some of your…[Read more]

leewizza wrote:
It's about time someone said it. Well done! I too believe it is impossible to find these CF +ve properties. Not one so called mentor or even guru investor seems to be able to tell us newbies how to do it without maing no sense. All I want is for someone to write a book or hold a seminar which isn't about purely motivational talk…[Read more]

hi jaffa and tina. skype  – wayneclayton1email- wamouse@hotmail.commobile 0411331225there are some good bargains in frankston north, i have been searching out the whole of franskston for the last 4months and i can recommend plenty of good potentials and you'll get good cap growth and will do for a while. are you interested in j.vs?? i havn't d…[Read more]

 I never have a problem finding deals it's always the problem of how to fund them. And then when it's thinking of JV's it's more difficult as there is not as much profit to share. I have not done one of these yet. I should not say NEVER as early days it was difficult to find a deal. It does get easier! I find 'finding the deal' the good part that…[Read more]

did you ever find anyone to do the options thing with?? have just realissed it was posted back in janueary?? if nothing came of it i would be interested.pm me.thanks wayne

i think i,m also at the same stage as you, i am 37 and have recently bought 5 properties which are all cash flow positive and am looking for a mentor and or a partner in crime to do some more cash flow positives.i am a fully qualified carpenter with my own business and have done heaps of reasearch and can see so many deals at the mo that i'm…[Read more]