Well great responses it appears there is mixed feelings about CG and CF+ve properties neither is right or wrong probably a good  idea to have a mix of both, today I put an offer  to buy a house where it has the potential to subdivide and put 2 courtyard homes of approx 350m2, I've done the dd numbers all stack up, good thing about this property is…[Read more]

Thanks for all your replies really appreciate it…Ive managed to find a few neutral properties and a couple of positive ones the cash flow being a cuppla thousand dollars per year…arent I better sticking my money in the bank for a better return? seriously this is the part Im having trouble with…..or is the idea of paying the debt off so that…[Read more]

Thanks newby, your right even amongst the dodgy areas there should be  some nicer spots,

Thanks JacM, when you say slightly negative gear is that by you throwing cash at it or 100% financed.
I like your thinking though?