All Topics / The Treasure Chest / Victorian Newbie

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  • Profile photo of ClancyClancy
    Participant
    @clancy
    Join Date: 2003
    Post Count: 9

    Just purchased purchased Steves book tonight.Are these cash positive properties still available in Victoria although we are in a significant boomtime.

    Profile photo of RickHyRickHy
    Member
    @rickhy
    Join Date: 2003
    Post Count: 39

    Hi Clancy,

    There are a number of ways to approach property investing.
    My personel view is that depending on where you at in life depends on which way I would approach it. Personelly while I am employed and paying lage sums of tax I dont want to pay any more. I would try to look for high growth properties and negitively gearing them to gain some tax advantages. Or as another option a mix of high growth -ve geared properties with some +ve cash flows to try and come out neutral.
    High grow ,building assets while working and when retirement comes move out of the property market or look for +ve cashflow to gain passive income in later years.

    Rick
    [email protected]

    quote:


    Just purchased purchased Steves book tonight.Are these cash positive properties still available in Victoria although we are in a significant boomtime.


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