hi can ayone offer me some advice on how to effectively search for towns/areas that contain + geared properties. it feels like i have spent countless hours on the net sifting through real estate websites and when i finally get a hit i struggle to find any current/relevent info on the town. any suggestions?
thanksFor what it is worth – I believe you have got the sequence around the wrong way.
Find a twon or two (or three) that has the fundamentals that you like and is sustainable and then work the local REA and develop a rapport with them. The more serious you project yourself the increased likelihood of a REA contacting you when something meeting your criteria comes up.
The good deals do not hit the net – rather a good REA will have a list of prospective buyers and will contact them as soon as something suitable comes up.
For what it is worth much comment has been made here that the positive cashflow properties are as rare as hens teeth so you will need to spend many hours networking with agents/contacts in suitable areas.
Derek
[email protected]
http://www.pis.theinvestorsclub.com.au
0409 882 958Hi,
Get on the phone or do some face to face. The net is virtually useless for this sort of thing.
How many people out there get meaningful responses from REA via email.
Investing for yield only is a waste of time! Pick the area, be secure in its fundamentals and then find a suitable investment in that location.
Cheers
[email protected]
NZ Investors & Property Spotters
Renovations & Project ManagementThanks for the tips
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