Short & sharp today. I've found a fantastic site full of great info on real estate cash flow for beginners, so here it is. You're going to love it! http://www.productsupplycenter.com/web140513/
The information gave me a huge surge in my real estate investing & 1 tip alone made me over $10,000! There's nothing more to say, you need this information - NOW!
http://www.productsupplycenter.com/web140513/
Saturday, November 22, 2008
Friday, November 14, 2008
When choosing to invest in real estate you will fall into 1 of 2 categories. Either your have some capital to start with or you don't. In this blog we'll look at those that have some money to get going with. As there can be lots of tax perks with real estate investing, it's important you check this out with your accountant before you get started.
What type of property suits you best at this stage will depend on how much you have to get started but you can often combine your money with OPM (other people's money) to make a bigger impact. I'll show you more on this later.
Next you have to do some research. If you want cashflow positive property, you will probably need to look in lower cost areas where rents are high. Cairns is one place in Australia that has often met this criteria. If you're not in an area like this & you are going to research an area that you know little about, you will need to do 2 things to kickstart your knowledge. First, find out the council who runs the area & go through their website thoroughly and secondly, search the tourism websites for the area. This will bring you up to speed on what is happening in the area & as long as you can see positive growth potential for the area, keep investigating it, you could be on a winner!
Stay tuned for more practical hints & tips on getting started in real estate!
What type of property suits you best at this stage will depend on how much you have to get started but you can often combine your money with OPM (other people's money) to make a bigger impact. I'll show you more on this later.
Next you have to do some research. If you want cashflow positive property, you will probably need to look in lower cost areas where rents are high. Cairns is one place in Australia that has often met this criteria. If you're not in an area like this & you are going to research an area that you know little about, you will need to do 2 things to kickstart your knowledge. First, find out the council who runs the area & go through their website thoroughly and secondly, search the tourism websites for the area. This will bring you up to speed on what is happening in the area & as long as you can see positive growth potential for the area, keep investigating it, you could be on a winner!
Stay tuned for more practical hints & tips on getting started in real estate!
Thursday, October 23, 2008
Hi Everyone
For those of you who love real estate, this blog is going to give you some interesting tips and how to's for investing in realestate to give you cashflow. For years I was a negative geared investor even though for the last 10 years or so I'v known all about how to make cashflow from property.
So why didn't I do it, I hear you ask. Just plain lazy, I guess. Well, there's nothing like a bit of money trouble to get you motivated to get out of the mud and back on high ground. So, here's some of what I've learned & if you want to read more, come back each week. In the meantime, check out this site for interesting items.
http://www.wonderfulwebwomen.com/rep/franblake.html
For those of you who love real estate, this blog is going to give you some interesting tips and how to's for investing in realestate to give you cashflow. For years I was a negative geared investor even though for the last 10 years or so I'v known all about how to make cashflow from property.
So why didn't I do it, I hear you ask. Just plain lazy, I guess. Well, there's nothing like a bit of money trouble to get you motivated to get out of the mud and back on high ground. So, here's some of what I've learned & if you want to read more, come back each week. In the meantime, check out this site for interesting items.
http://www.wonderfulwebwomen.com/rep/franblake.html
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