Thanks, checked it out, I noticed they charge you to look at the addresses $660 & when you buy they charge you 2.5% of the purchase price in fees, is that right? Anything free out there?
Careful buying CF+ve now that interest rates are rising. Many suggest they will go up another 2 per cent in the next few years – that kills your positive cash flow and you end up with minimal growth
But if i bought for other reasons wouldn't I lose even more money when interest rates go up? What do you recommend I do?
Careful buying CF+ve now that interest rates are rising. Many suggest they will go up another 2 per cent in the next few years – that kills your positive cash flow and you end up with minimal growth
You are under the assumption that all CF+ properties have no CG- Wrong!!!
You don't need to be handy – you could outsource the work. Simple things like a cheap kitchen, new flooring and painting could be carried out by a local handyman.
You'd be surprised at how much instructional info is also available on the net also – I learnt how to tile via youtube
We believe our long term wealth is measured by the amout of equity we have in property. To accomplish this we use both positive and negative cash flow properties.
Our +cf properties are properties we buy and on-sell with vendor finance and our -cf properties are the properties we plan to hold forever Our +cf properties maintain our lifestyle and support the -cf on our long term buy and holds.
We've bought and sold lots of our +cf properties but not sold any of our buy and holds. They're our long term wealth. The +cf properties, for us, are just a cash flow business, just like any other business you might own.
Using vendor finance to help our portfolio building works for us.