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From: Silvester Valiente
Can anyone give me examples of positive geared properties in Sydney. I live in the south west of sydney (ie Campbelltown). The average price for a house out there is $220,000 with rental income around $190/wk.
I have yet to find a property that would be cashflow positive from day 1.
Has anyone found a way of generating +ve gearing without a large deposit?
I would be interested in all areas of Sydney just as long as the IP is cash flow positive
Thanks
SilvesterV
Can anyone give me examples of positive geared properties in Sydney. I live in the south west of sydney (ie Campbelltown). The average price for a house out there is $220,000 with rental income around $190/wk.
I have yet to find a property that would be cashflow positive from day 1.
Has anyone found a way of generating +ve gearing without a large deposit?
I would be interested in all areas of Sydney just as long as the IP is cash flow positive
Thanks
SilvesterV
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