Positive Cash Flow Properties

Just because there are no $45,000 properties anymore, doesn't mean you can't begin.

In order to get a positive cashflow property you may need to become more creative (Steveé second book has some ideas, as do other books on the market).

Find a place to start: maybe a unit, maybe build a share portfolio first, whatever suits your circumstances, but start somewhere. I suggest you read some more and subscribe to some investment email newsletters, or some money magazines, or take some other action to learn more. Education and research will show you the direction to take that is right for you.

Some businesses work with first time investors to help them begin to build thier property portfolio (for a fee). This may be worth checking out. Sometimes they give you some advice for free.

Get a wide range of advice and take action!

Dasheed

I believed we can MAKE a positive cash flow INVESTMENT. Please try not to think (focussed) on BUY a positive cashflow property or invest in PROPERTY. 

Tthe property price and rental return these days almost always will be a negative gearing property. But it can be a positive cashflow property if you try to consider the tax relief (if you are receive a salary/wages) and take into account depreciation of the assets for instance. I am not expert yet but that what I have turn from negative to positive cashflow property.

Good luck  

Most people have to work hard, save, sacrifice and do without to get their FIRST property, whether it is a PPoR or an I.P.
You have no kids and two incomes.
If you knuckle down and be patient you will buy your first one soon enough – year or two.
Most lenders will lend up to around 90% with LMI these days, so you won't have to save too much to get a foot in the door if you set your sights on a relatively cheap first property.
It may be a neg geared I.P or a PPoR; either way you are in the game, and if you select well, your property value will go up fairly quickly and then you are on your way to no.2, then no.3 etc.
The process can be exponential.

Though $45K +ve cashflow properties have all but disappeared, there are tons of choices if you are willing to spend $100 – $150K. And you don't even need to be creative about it ..

It takes time, it is not a get rich quick scheme, we need patience with investment properties. Let them grow in equity and you can then draw down from them, via a line of credit. The debt you have is then good debt as the property you have should grow in capital if you have bought in the right locations.

A lot of people retire after buying loads of investment properties, it can be done even if you stop working as the income from rentals should be able to pay for the property as well as your draw down amount.

Dasheed hi there In have a friend that had around 5 or 6 IP and had them for about 5 years. They simply sold 1 and paid down all of the others to at least make them neutral and positively geared.

So if you can only have 10 IP NG (as you mentioned) than after a while 8 IP PG is not out of the question.

Only last week one of mine whent positively geared. (Only $70 a month but still?

POB

Dasheed

there is a lot of cashflow +ve in SEQ even in high growth suburbs like Parkwood, I had an offer on the 480K one lenders will do a 97% LVR, treasurer made me pull out

A new hospital is going to be built here also

Toowoomba is a buyers market shit loads of affordable cf+ units on market market take your pick everybody nervous about water, it is a fact that the whole area of darling downs is going to go ahead with rail line, coal mining and coal seam methane gas I work in this industry and there are many well heads coming on line in western qld, now that the PNG to QLD gas pipeline is not going ahead  there will be a gas shortage in eastern states in 2012, coal seam methane gas will be huge the waste product is water!! Toowomba will benefit from this growth

http://www.realestate.com.au/cgi-bin/rsearch?a=o&id=104195321&f=30&p=10&t=res&ty=&fmt=&header=&c=69030645&cc=AUSTRALIA&s=qld&snf=rbs&tm=1187868279

http://www.realestate.com.au/cgi-bin/rsearch?a=o&id=104115721&f=40&p=10&t=res&ty=&fmt=&header=&c=69030645&s=qld&snf=rbs&tm=1187868279

i believe cf+ property is in some very remote and new mining town, the effort you need is to monitor when they are going to finish the project there, meaning there is finite time for cf+.

And check out Charters Towers too.  Good economy, some cheap properties still available.

Hey all … good comments here…..

My swing on it is ….

Just do something!
Basically there are 3 ways that most people have in thier skillset to make money out of property:
1. Buy and Rent – If the yeild is there…. this is typically in the down cycle or slump in the market
2. Buy Renovate and sell or refinance… if you can't get cashflow then you can get cash to do more transactions.
3. Buy subdivide and sell of the improved site

Here are some other suggestions that can get you to the golden path of freedom…..

4. Buy and add a minor dwelling to create more cashflow and increase yeild and value
5. Buy and add a room or change a room onto a bedroom to create more cashflow and increase yeild and value
6. Lease option to create more cashflow and increase yeild and value
7. Wrap (Vendor Finance) to create more cashflow and increase yeild and value

If there some skills missing then perhaps we could all get up skilling to increase our chances of success in all market….. we must all move with the tide of change and learn to see the demand no matter what the market is doing.

Good luck all!