In the latest newsletter it is acknowledged that properties meeting the 11 second criteria are scarce in media advertisements. The alternative advice is to find ” a solution “. Can someone give me an example of how this works relative to a buy and rent out (for +cf) situation.
im a little debatable at the moment of +ve cashflow properties, i do purchase them, but im finding that -ve geared properties are the much better way to go for at the moment.
“The alternative advice is to find ” a solution “. Can someone give me an example of how this works relative to a buy and rent out (for +cf) situation.”
Increase the rent []
Seriously though, I’m about to install a brand new air con for $200, paint the very old and worn lamipanel in the shower for a cost of about $60 (primer and laminate paint) and replace a small bit of carpet. Also provide excellent landlord services (personal attention) and you can easily make a win/win rent increase situation.
Regards
Judi
“The alternative advice is to find ” a solution “. Can someone give me an example of how this works relative to a buy and rent out (for +cf) situation.”
Increase the rent []
Seriously though, I’m about to install a brand new air con for $200, paint the very old and worn lamipanel in the shower for a cost of about $60 (primer and laminate paint) and replace a small bit of carpet. Also provide excellent landlord services (personal attention) and you can easily make a win/win rent increase situation.
Regards
Judi
If the tenant willing to pay $5pw extra and signing 1 years lease then you got your money back in 1 year, tax deductable as well as it is your at the end of the day.
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]
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