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  1. M

    Cash flow positive property

    lot of this estates have strict design requirements and have to run it pass thru them before it goes to approval authorities. once it is approved. land developer doesn't have much say to your proposed development. Easier and quicker to get things moving to save holding cost on land! i like...
  2. M

    Cash flow positive property

    biz, totally agreed! last year we drove to oran park on Sunday afternoon (a day after they finished the process of releasing and allocating blocks in their latest ) and all they had left was 2 corner block. Craig said lot of ppl don't prefer(PPoR) corner block because of privacy and...
  3. M

    Cash flow positive property

    i can go on to explain Melbourne market too. brissy rent isn't as high as Sydney or Melbourne market. However, point of the post is to provide an another alternative.
  4. M

    Cash flow positive property

    my post is about Sydney market! i am not sure about WA planning rules and GF in vic and qld aren't treated same as NSW.
  5. M

    Cash flow positive property

    i agree with you at some degree .. i am just pointing out one the strategy. However, Most NSW regional council has upwards of $2500 a yer for rates. older properties tend to have more maintenance issue (at times) In regional area, Most PM fees are around 8.8% where in Sydney can be...
  6. M

    Cash flow positive property

    After my post of of below thread. http://somersoft.com/forums/showthread.php?t=106768 I got few txt/pm asking how we can find positive geared property. I believe in Capital Growth and happy to take $$$$$$ chunk in one go then getting paid on drip ($10-$50 per week) So rather than...
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