Is positive cash flow a positive experience …

I absolutely love old buildings that are cashflow positive. Can’t get enough of them. The rusty old tin sheds I bought are great and the tenants don’t want to go anywhere, having just signed up for a 4 yr term with a 2 yr option hanging off the end of that.

The best thing is these tenants love area for laying their stuff down, and I’ve got plenty of dirt….and boy is that old. Best thing is it needs no renovation cost at all, generates lots of income and continually goes up in value.

With the tenants having just spent $ 45K doing up the place for me before moving in – I think they’ll be there a while.

The +CF old place has certainly been a positive experience for me.

Now if you are talking residential…absolutely, people won’t pay you one cent extra for large blocks and when it comes to the building component, it’s apparently all at the Landlord’s cost and if they don’t like it they just up and shift. A very strange game indeed to play, especially the people playing it out the back of whoop whoop.

Hey Resi wealth man,

It can be a hassle if their is only 10 to $20 a week + cashflow in the old houses.It doesnt take much to have a $500repair bil in a 12 month period.
But in saying that you usually get a bit of capitol growth each year on top if you buy wisely.
Their are deals out there delivering better returns than this.I would say to yr mates to persevere and maybe sell the worst ones of their portfolio and be a bit more careful next deal.

All the best
Dematio

We’ve got 70 yrs on planet earth,Lets make the most of every day!