Hi all,
Just doing the read through the API mag and read a 2 page article from Cameron Bird Property Partners in Brisbane offering a service to source positive cashflow properties.
So far our only IP is a Neg geared property in Coomera (great for cap growth). Now I want to look at positive cash flow.
Has anyone used their services or know of people who have ??Thanks for any info[
]Hi,
I moved your post to the appropriate forum.
They are either:
1. A firm of chartered accountants; or
2. A firm selling property(different organisations – same name)
They sell property that is advertised as either negatively geared, or else positively geared after depreciation adjustments.
I’ve reviewed several of their deals and, for me, it is not the sort of propert that fits within my investing criteria (ie. simple positive cashflow).
Cheers,
Steve McKnight
**********
Remember that success comes from doing things differently.
**********Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
https://www.propertyinvesting.comSuccess comes from doing things differently
Hi RickHy, if you do a search, you will find a post on it, I asked this same question a while ago.
After that, I did some more research and Steve’s right, the deals heavily rely on depreciation. Most of the deals are holiday appartments and office buildings etc, which are not my thing to invest in, I find it too risky.
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