I have just about finished "0 to 130 properties in 3.5 years" by Steve McKnight, very interesting book, but was wondering if people are finding it hard to find properties that actually do give a positive cashflow from day one. Would be great to hear some recent stories.
Hello h2h73
Just to help with questions like yours adambc started a thread on just this topic. Here is a link to it.
https://www.propertyinvesting.com/forums/property-investing/help-needed/22508
happy reading
ElkaThere are still a number of places around where you can buy 'off the shelf' pos cashflow properties, but do lots of really thorough due diligence on the area; especially the local economy and the population flow (Central Victoria with the drought comes to mind – dying).
You may find that the cap growth is minimal, so you would need an awful lot of the cfp properties to make any real money.
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