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  1. Nathan

    Can anybody achieve cashflow positive ?

    I tell everyone :) After I do the deal of course :) Seriously there is so many properties in the marketplace out there that make money people just dont buy them because of opinions, and fear, and lack of knowledge and not understanding how each purchase will add to their portfolio and...
  2. Nathan

    Can anybody achieve cashflow positive ?

    Three general rules only. First is strong cashflow, cash isnt king, cashflow is. Secondly is Below market value, from two angles as a risk minimisation and so you can pull your funds out and recycle your capital (expand faster) Thirdly is it MUST have upside for growth. If any one of...
  3. Nathan

    Can anybody achieve cashflow positive ?

    Western suburbs have these properties out there all the time, you cant just sit here on a forum and expect people to give you info they work years on finding the deal themselves. I actually secured one today in western Sydney a house for $183,000 needs 10k reno reval @ $240,000 and rent...
  4. Nathan

    Can anybody achieve cashflow positive ?

    Hi Michael, Def Sydney metro. If it were regional I would be talking 10% easy with anything upto 20-50%'s. I am talking, house + land normal rental PP $200,000 rents $320pw within sydney metro. I always find 8%'s in sydney.... Capital growth is a must, if no upside then I wouldnt buy it.
  5. Nathan

    Can anybody achieve cashflow positive ?

    everything i buy is positive or neutral. I bought one a month ago in sydney house which was 9% yield, and 50k under market val, and i havent seen it apart from the day I bought it and did no reno. I reckon if I looked on re.com straight away I would find 50 properties with over 8% yield...
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