Property mentor - Binvested Nathan Birch

[DaveM]

So far non of you have listed even one positive cash flow property. Please feel free to do so. Still waiting

Smithfield Plains
$160k buy
Rent 260pw
Less agency fee, rates, insurance
100% finance (equity redraw + 88% counted against prop)
CF+ $3k pa (not taking any depreciation into account either)

Shall I go on?

 

[S.T]

feeding time at the zoo

or spruiker to the slaughter?

 

[pinkboy]

I don't have any qualifications, hence my signature is lonely


pinkboy

 

[D.T.]

Smithfield Plains
$160k buy
Rent 260pw
Less agency fee, rates, insurance
100% finance (equity redraw + 88% counted against prop)
CF+ $3k pa (not taking any depreciation into account either)

Shall I go on?

I'll contribute one of mine too

Elizabeth Downs
$250K buy (duplex pair, developable block)
Rent $370pw (will be $400 in a couple of weeks)
100% finance (equity from ppor + 92% lvr)
20k rent - 12.5k interest - 1k insurance - 1500 rates/water
CF+ $5k pa

 

[DaveM]

Also on the topic of not posting cashflow positive properties, what makes this

http://positivecashflowproperty.net...-properties/23-wigg-close-traralgon-vic-3844/

worth $60pw more than this? Are they different bedroom setups?

http://www.realestate.com.au/property-unit-vic-traralgon-413194756

How does the cashflow go on your example at $105pw?

 

[TPI]

Andrew at least deserves his own dedicated thread out of this, Binvested Nathan Birch getting a free ride on this one, not cool...

 

[TMNT]

Also on the topic of not posting cashflow positive properties, what makes this

http://positivecashflowproperty.net...-properties/23-wigg-close-traralgon-vic-3844/

worth $60pw more than this? Are they different bedroom setups?

http://www.realestate.com.au/property-unit-vic-traralgon-413194756

How does the cashflow go on your example at $105pw?

haha somebody got owned!!!!!!!!! I'd love to hear the non response on this one

 

[ellejay]

Also on the topic of not posting cashflow positive properties, what makes this

http://positivecashflowproperty.net...-properties/23-wigg-close-traralgon-vic-3844/

worth $60pw more than this? Are they different bedroom setups?

http://www.realestate.com.au/property-unit-vic-traralgon-413194756

How does the cashflow go on your example at $105pw?

That does not bode well.

 

[Moneyman_85]

Andrew at least deserves his own dedicated thread out of this, Binvested Nathan Birch getting a free ride on this one, not cool...

Nathan who?

You mean Andrew birch


Sorry, had to

 

[sprightly]

You guys are hilarious!!!!

Love this thread.

There is a mixature of ego, hysterical, amusing & vavacious atmosphere.

But overall very amusing!!!