I seem to have the same problem finding positive cash flow properties using the 11 second tool.
I wonder if one can use positive gearing – initially, put some of the surplus cash (I wish) towards paying off a certain amount of the loan (to reduce costs), and when one reaches the desired result revert to Steve’s plan?
Could you clarify whether you are buying the property as well as the business.
If you are buying the property, perhaps you could rent out the place and not get too involved with the hands-on of running the laundry business.
Or perhaps sub contract to someone to the run the laundry business while you count the cash.
After all, why spent your…[Read more]