All Topics / Heads Up! / Positive Cashflow propery listing

Viewing 6 posts - 1 through 6 (of 6 total)
  • Profile photo of DaOneDaOne
    Participant
    @daone
    Join Date: 2008
    Post Count: 38

    Hi
    Just wondering if any of you have used the website mentioned below to buy a property?
    http://www.cashflowcapital.com.au

    They want probable investors to pay $500 before you can see details (address, etc) of the positive cash flow properties. Please share your experience, if you have dealt this company. Thx.

    DaOne | Oras Finance - Your Local Mortgage Broker
    http://www.ihomeloans.net.au/
    Email Me

    Help you make your dreams come true: https://www.youtube.com/watch?v=sB3KpKX4UsI

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856

    They charge you a finders fee (deductible from the $500, or so they say). Signing up to the email gives you free access to the pricing and returns (they send daily emails).
    If you look on the net, you will probably find the same properties advertised – they scrub out the agent's sign & any advertising that will identify the property – I have seen some of these sites, more easily identified if it commercial or retail.

    The returns indicated are somewhat unrealistic at times.

    Google Spiro Kladis & see what you get….

    Profile photo of L.A AussieL.A Aussie
    Member
    @l.a-aussie
    Join Date: 2006
    Post Count: 1,488

    Save your money.

    How can you advertise a cfp property with rental returns between 6 and 10% while finance costs 8%?

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856

    Property will always be cashflow positive if you have a big enough deposit but I know what you're getting at Marc

    Profile photo of L.A AussieL.A Aussie
    Member
    @l.a-aussie
    Join Date: 2006
    Post Count: 1,488

    Correct Scott; a small detail conveniently left out.

    People will pay big monet for being lazy unfortunately.

    Profile photo of DaOneDaOne
    Participant
    @daone
    Join Date: 2008
    Post Count: 38

    Hi Guys
    Thx for your advise

    DaOne | Oras Finance - Your Local Mortgage Broker
    http://www.ihomeloans.net.au/
    Email Me

    Help you make your dreams come true: https://www.youtube.com/watch?v=sB3KpKX4UsI

Viewing 6 posts - 1 through 6 (of 6 total)

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