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All Topics / Help Needed! / Unit under 40 SQ. M
Looking at a Unit which is 39sq. M.
There has been alot of talk about buying under 50sq. m.
If the bank provides finance, is this a good buy considering all other factors add up to make it +CF.
Ta
[strum]
Hi Marty,
Without knowing the total picture that is Marty, his investment goals, property price, holding costs, value, rentability and so on it is difficult to say.
Having said that I would take a stab with the following comments – too small, limited market, limited growth, finance issues, and so on.
I get very concerned when people contemplate looking at a property soley because it is ‘cashflow positive’ – there are other ways to successfully invest in property without being seduced by ‘cashflow’
Derek
[email protected]
http://www.pis.theinvestorsclub.com.au
0409 882 958
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