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Yep...will work with new or near new to be CF+. I tend to buy older properties so thus the disconnect. I like to get CF+ before depreciation and tax...then this becomes the icing on the cake. If I chucked my job in I will gross 50-60K but will only pay tax on about 30-40k due to depreciation and...

Not trying to be smart but $300pw on a 240k purchase equates to a 6.5%...that will cover the mortage payments but your shortfall will still be about $30-40pw after factoring in depreciation and taax deductions?:p My guideline has been a take the purchase price divide by $1000 and mutiply by...

Who told you that??:eek: There are plenty of areas where you get CG and CF if you look. Some recent examples of my purchases: 1. 2006: 3 brm house in Werribee Vic purchased for 130k rent 165pw. Worth 230k today and rents for 220 pw....rent will go to 235pw in May. 2. 2007: 3 brm house...

CF+ is only 50% of the equation....the other is CG....my average CG is not different to buying in bluechip areas (7%-10%). As a matter of fact some in my portfolio have done about 14% per annum...which means in 5 years they will double.

Yep...definitely works......also using 95% loans with LMI capitalised to 97% also helps you to acquire like crazy in a shorter period of time. 20% deposits are to expensive. Remember on 200k property LMI is about $5000 at 97% (incluse of LMI capitalised)....but this is tax deductable over 5...

I like to be different....there are heaps of us doing the Pure CF things....they are just silent and in the background.:D I buy and hold.....I have also considered the LOE....but given the GFC...it just got a bit harder....will come good again. I will probably use a hybrid as I will use the...

Jaycee Well that depends.....but it could be as little as 8 properties. In your case CF will be more important ...then it maybe more prudent to buy in regional areas like Skater suggests. In some of these areas you can buy with returns of 8-10%....but you will need to be quite careful and...

....and there lies the key to investing.....being able to presevere even when you buy the occassional dog. Though in my case I sold a so called dog....a2 brm unit in Punchbowl...only to have it go up 25k after I sold!:rolleyes: Valuable lesson....hey hindsight is a wonderful things...

NET of interest and all expenses including repairs...thus the range. As I have day salary...I pay about 42% in tax out of this.....so I am buying more property or channeling into refreshing some of my places to increase rents and value. It can be like a never ending packet of Tim Tims...

I can't comment for anyone else but I can comment on my situation.... Over ten years I have managed to get a positive CF of 50-60k per annum. This comes in whether I go to work or not...my target is to get this up to 100-150 over the next 7 years...I am buying more properties faster with...