sweet thanks sonya, its pretty daunting starting out when its hard to find the “right” ones that wont lose you money. im goin out there this tuesday to have a look and talk to real estate agents. i think that one should keep my head above the water, i hope.
also lookin at one for $79,000 and rent is roughly $144 so i have a few choices.

thanks…[Read more]

hhhhmmm so sounds like the way to cover all the costs is to increase the rent? or do renos and hope that the property goes up then sell it. i saw a seminar with steve mcknight and he said that to get the good houses that are good investment ones that you need to look at inefficient places where the majority of people dont look for properties,…[Read more]

yeh, the cost of the property is $100,000 and the rent is $220 per week,

roughly how much are all the costs each year on a regular property? (eg fees, bills, repairs etc)

thanks again