Alex and AD

Thanks for your comments.

I am not against +ve cash flow props and either I am not pro -ve geared props.
I am just learning from experienced investors.

Alex

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-ve geared property is a waiting game that relies a lot on opinions and speculation, with little or no facts!! U have more…[Read more]

Bruce

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11 Sec solution or rule is:
(weekly rent / 2) * 1,000 = Max buy price
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Will it be more accurate to use the net rent
(ie. rent – expense) rather than rent ?

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Steve

According to the SunnyCove management,
tenants are linig up.

Dou you need to know the management fee since the net yield is provided.

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Elvis
Thanks for your suggestion

Bruce
Thanks a lot.
I went into the web site you mentioned and the book seemed to be a good one. I might probably buy it.

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AD

I am very new to wrap.
Can I ask you a few questions ?

1. Which wrap pack would you recoomand ?
2. As a new wrapper, is it a good idea to
do your own wrapping or do a joint venture
with experienced wrappers
(eg. http://www.rentnomore.com.au) ?

Mike Robinson

100$/week rent on $20k property is a pretty good return. Can you tell me where the property is located please ?