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From: Rob Millington
I am keen to get some feed back from the people who use the +ve geared strategy for property investment.
The properties I have seen that work positively are in areas of little Capital growth.
I am in a position to buy 2-3 of these at the moment but will then have to sit for a while.
Is the strategy based around sitting on these properties until average rents in the area increase (I understand that properties can be improved in the short term with value adding but these are in existing or ex. housing trust/commission suburbs). Buying and selling in the short and medium term might become costly with the small gains in these areas.
Regards Rob.M
I am keen to get some feed back from the people who use the +ve geared strategy for property investment.
The properties I have seen that work positively are in areas of little Capital growth.
I am in a position to buy 2-3 of these at the moment but will then have to sit for a while.
Is the strategy based around sitting on these properties until average rents in the area increase (I understand that properties can be improved in the short term with value adding but these are in existing or ex. housing trust/commission suburbs). Buying and selling in the short and medium term might become costly with the small gains in these areas.
Regards Rob.M
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