Positive Cashflow properties

Hi DaOne
               As we have done 2 properties in Newcastle that are positivley geared across the road from the university. I would suggest having a look around uni Victoria and checking out houses,how many rooms,can you turn extra living rooms into bedrooms and lease out per room.

I have also recently discovered Steve Mcknights books and after spending some time trolling these boards it seems that it is the exception rather than the rule to find a "ready made" cashflow positive property. It seems that most people are buying almost cashflow +ve or cashflow neutral and making changes to either the property, marketing or investment strategy which creates a cashflow +ve property. Or simply buying and holding until the property becomes cashflow +ve. It seems the trick is to buy as high yielding as possible then either make changes or buy and hold and eventually you will be i the black.

I hope I have understood things correctly and am happy to be corrected and put on the right path if I am wrong.

Natalie

Hi DaOne 
 Number is 0400394836
                                       Thanks Shaun