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From: Glenn S
Hi,
Yet another Newbie here.
Is there any reference material around that can actually lead me in the right direction towards attaining positively geared properties?
I already have 2 IP's 1 doing OK in capital growth the other not so good, But both are negatively geared, and so costing me, This obviously affects the ability to purchase more IP's.
Negatively geared is easy, The traditional way of waiting for Growth to occur, But what about +vs cashflow AND cap growth?
What to look for in a suburb, street etc, How to attain the 10% rentals etc required to be positively geared (this seems a complete mystery to me) or the heavily discounted pricing.
Are most of these "Off-The-Plan" type scenarios?
All Help greatly appreciated as I am currently getting ready to purchase a 3rd IP, and then woke up and decided I'd like to go positive for a change.
Hi,
Yet another Newbie here.
Is there any reference material around that can actually lead me in the right direction towards attaining positively geared properties?
I already have 2 IP's 1 doing OK in capital growth the other not so good, But both are negatively geared, and so costing me, This obviously affects the ability to purchase more IP's.
Negatively geared is easy, The traditional way of waiting for Growth to occur, But what about +vs cashflow AND cap growth?
What to look for in a suburb, street etc, How to attain the 10% rentals etc required to be positively geared (this seems a complete mystery to me) or the heavily discounted pricing.
Are most of these "Off-The-Plan" type scenarios?
All Help greatly appreciated as I am currently getting ready to purchase a 3rd IP, and then woke up and decided I'd like to go positive for a change.
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