Cheers
Crocco

Goood question! To be honest, if i’d known about positive cash flow properties 12 – 18 months ago, I may have considered it, but probably wouldn’t have. I’ve heard of a few people (two, literally!) who took the plunge before prices inevitably went up, and now have good +ve returns.

Here’s some of the reasons why it would fail…[Read more]

I went down to the newsagency today and found a copy of API – thanks for the recommendation. Looking forward to jumping onto the BusinessMall website and getting some books.

Good luck with the housemove, and have a great holiday.

Cheers
Crocodile

“In my experience, it takes approximately 2.5% – 3% of your gross yield to pay outgoings. For example, if your interest rate is 7% you’ll need a gross yield of at least 10% (7% + 3%) to guarantee a cashflow neutral return (before tax).

Brenda…[Read more]

We’ve got two properties in North West NSW – ones 100 acres, bought in 2000 and the other is 500 acres, bought mid 2002. The first one earns agistment, and the second we run our cattle on. We’re very lucky to have my father to keep an eye on things there for us.

We’ve made few mistakes with our two properties, but we’ve also had a few…[Read more]

Is it possible to find out early about foreclosures in Aus? In some of the American books I’ve been reading there are ‘systems’ to profit from them – I gather waiting outside a courthouse or similar and making an offer to a likely looking person (maybe easily identifiable by the tear tracks?)

Seems a bit morbid to profit from others…[Read more]

Welcome to the forum. An interesting conundrum!

Some questions for you:
Does the 1/4 share entitle you to live in the third home, or would you have to make some rental adjustment to your friends Mum?

How much rent would you be able to charge for your existing home?

How marketable do you think the 1/4 share would be in the…[Read more]

I’m much clearer now about yield – cheers.

I really like the idea of an indicator to unlimited properties! Lucky I have a risk-adverse other half to keep me in check sometimes.[]

Seriously though, we’re struggling with repayments on a property at the moment, which will be positive cash flow, once the…[Read more]

” As we move into a buyer’s market, there will be a lot more problems to solve.”

What can we expect as we move into a buyers market? I can foresee that as interest rates increase to around the 8.5% mark (Making Cents of the Statistics / Melbourne market) that the decrease in demand will dampen prices a bit, but as investors we will…[Read more]

I had a great Chrissy, thanks. I’m curious to know if you invested in Cairns while you were there. Apparently the market has taken off in the last few months.

Cheers
Crocco

I was wondering how big the acreage is at your PPOR – would it be possible to lease the acreage, thus removing the work involved in its upkeep (and providing another cash flow), keep living where you are, and then buy a second (+ve cash flow) property purely as an investment?

Cheers,
Crocco

I agree with Peter that the homes themselves are a tad overpriced. We’ve been considering shifting a home onto land we own near Gunnedah, but feel with patience we will find one for much less than any on that site. In the meantime, our land is still earning a +ve cash flow for us from primary…[Read more]

Have a look at this link for the cost of house removals; http://www.dalbyremovalhomes.com.au/.

It’s quite a good site, though its based on you buying a house from them for relocation.

Cheers,
Crocco

Have a look at this link for the cost of house removals; http://www.dalbyremovalhomes.com.au/.

It’s quite a good site, though its based on you buying a house from them for relocation.

Cheers,
Crocco