All Topics / Help Needed! / Unit under 40 SQ. M

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  • Profile photo of Marty_boyoMarty_boyo
    Participant
    @marty_boyo
    Join Date: 2002
    Post Count: 43

    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]

    Profile photo of DerekDerek
    Member
    @derek
    Join Date: 2004
    Post Count: 3,544

    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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