All Topics / The Treasure Chest / Interest Only vs P&i ??

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  • Profile photo of fulloutfullout
    Member
    @fullout
    Join Date: 2003
    Post Count: 233
    May 7, 2003 - 8:47 am

    In some country towns you can get 7 or 9% per annum. WHeresle some other country towns with better facilities can have maybe 17 – 25% per annum (for final quarter of 2002). so sometimes you do can find Positive cash flow with capital gains as well, but these are a rare find.

    Basically i dont really trust the statistics unless after i buy it and i can successfully sell it for x amount of dollars more the next year.

    Profile photo of MiniMogulMiniMogul
    Participant
    @minimogul
    Join Date: 2002
    Post Count: 1,414
    May 12, 2003 - 2:28 pm

    Hi spocky

    regional areas.

    cheers-
    Mini

    Profile photo of MJKMJK
    Member
    @mjk
    Join Date: 2003
    Post Count: 157
    May 13, 2003 - 2:04 am

    Spocky,

    The point is on this web site people are focusing in positive cash flow. Capital gains is a bonus if it comes but if it doesn’t you still make money. The idea is to buy a hole string of positive cash flow properties like building blocks to a positive/ passive income.

    MJK

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