Hi everyone,
I'm new to all this so I'll cut to the chase.
I have researched, read a lot of books and have recently engaged a buyers agent to source a property for me to begin my portfolio.
From my research this buyers agent has a solid reputation that checks out. However they recently told me that they specialize in sourcing negatively geared properties for maximum capital growth. They also recommend the finance model Jan suggests in her book. However I can't help but be attracted to the cash flow positive strategy....
My accountant has recommended I look at just negatively geared props as I am still working full time. However the plan in 10 years is to be not working at all.
So with my portfolio do you suggest I go for a range of both negatively geared and cash flow + properties, or should I stick with just the one method?
I'd love your thoughts,
Thanks
Dan
I'm new to all this so I'll cut to the chase.
I have researched, read a lot of books and have recently engaged a buyers agent to source a property for me to begin my portfolio.
From my research this buyers agent has a solid reputation that checks out. However they recently told me that they specialize in sourcing negatively geared properties for maximum capital growth. They also recommend the finance model Jan suggests in her book. However I can't help but be attracted to the cash flow positive strategy....
My accountant has recommended I look at just negatively geared props as I am still working full time. However the plan in 10 years is to be not working at all.
So with my portfolio do you suggest I go for a range of both negatively geared and cash flow + properties, or should I stick with just the one method?
I'd love your thoughts,
Thanks
Dan