All Topics / General Property / investing in regional towns – positive cashflow

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  • Profile photo of jmac26jmac26
    Member
    @jmac26
    Join Date: 2009
    Post Count: 3
    July 21, 2009 - 2:01 am

    Guys,

    Steve talks about in his book how his first regional town he targeted was Ballarat for +ve cashflow. According to his checklist of
    pop>10,000, good infrastructure, high rental % etc.

    Are there any towns that fit this mold that also pass the 9% yield test in the current market (apart from the obvious high risk mining areas). it seems back then positive cashflow in regional was everywhere????

    Profile photo of aaabbbcccaaabbbccc
    Participant
    @aaabbbccc
    Join Date: 2009
    Post Count: 71
    July 21, 2009 - 4:13 am

    Sorry to hijack the thread temporarily, but what is Steve's book? Can you please give the title so I can look it up and have a read?

    Thanks.

    .

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024
    July 21, 2009 - 4:26 am

    Adam

    Have a look at the online shop as they have all Steve's books.

    Richard Taylor | Australia's leading private lender

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