Steve a quick thank you for a great book, i purchased your review tape (a great listen in the car on the way to work for anyone interested) and due dilligence kit.
I would like to know if there is anyone out there with helpful advice where to find property meeting the positive cashflow rule in regional NSW. (I am currently looking around Armidale, Bathurst.) If you don’t mind sharing that is?
Steve a quick thank you for a great book, i purchased your review tape (a great listen in the car on the way to work for anyone interested) and due dilligence kit.”
I’ve moved your post to the property forum as it is more appropriate there.
Another ad? How about a comment from a happy customer? *sigh* It’s not too hard to spot the cynics.
Anyway, DRB – thanks for your post and I’m delighted you enjoyed the book and other resources.
What I suggest you do is look for properties that have problems which you ave the power to fix. At first glance they may not meet the 11 sec solution, but with further investigation you may find the diamond in the rough. The deals with problems aren’t usually advertised, but they’re out there… they must be because the NSW guys from the MAP program keep telling me that they’re out there.
Wishing you the best of success.
Bye,
Steve McKnight
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Remember that success comes from doing things differently.
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Hi, was looking at Armidale mid last year, you will always rent the property as its a unit town but finding +ve properties is way past the “find by” date. Good town, great infrastructure andpositive things happening but you’re a bit late for any “bargins” Regards HG
oops – where’s the amend button gone []- I meant its a Uni town – as in the University of New England is there so there’s always a low vacancy rate. HG
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