Terry Ryder's 5 top hot spots in regional Queensland

[Michael_X]

So as Michael X said...RY is cash flow and set as of today, should it have GC that's just a bonus....however you really do need to add at least 1-2 good CG property to your portfilio so that you have the ability to keep on growing financially ( Ie equity/ deposit).

Agree. The extra $50 cashflow positive per week won't make you rich, just allows you to hold it. The capital growth will.

Balance is key.

 

[Redom]

This video is from Robert Kiyosaki on Good Debt vs Bad Debt but he touches on CF vs CG.

https://www.youtube.com/watch?v=rQJAL1PFL8k

Essentially he says CG is speculation. No one can tell you when a place will go/down or by how much.

Go for CF first, so you can hold the properties and then the CG will be gravy on top.

I like this Michael, thanks for sharing. Personally I generally believe in a market correlation theory.

If Campbelltown appreciates 30% in value, its likely that Bankstown and Liverpool will have similar gains. So at the end of the day, I don't bother being precise about where the property purchase actually is, but rather want something in a broader sized market that will correlate with markets nearby.

Personally I do seek c/f properties, so I need to trade-off somewhere, as i'll be on the sidelines too often if i'm always waiting for the perfect combination deal - broadening my market reach with this approach helps.

Apply reasonable guestimating of where markets are at, and then buy there. I call it guestimating, because like Robert, I don't believe that people can predict what will happen to a particular area with as much certainty as they think.

When assessing regionals, information mismatches may mean the guestimating is a little more difficult than the capitals.

Cheers,
Redom