Hey guys,
New to real estate investing and hoping to get a little help.
Recently bought our first home (Feb) and have since fixed up, built equity and saved. We're now looking at our first rental property.
I've noticed in my area (Brisbane, Australia) that there are townhouses in gated communities selling for $200 - $250k (LOW in Australia!)
That would cash flow, after all costs (insurances, government rates, taxes, etc.) to about $2k per year with a 20% down payment.
Pretty good as far...
Cash Flow vs Value Appreciation
New to real estate investing and hoping to get a little help.
Recently bought our first home (Feb) and have since fixed up, built equity and saved. We're now looking at our first rental property.
I've noticed in my area (Brisbane, Australia) that there are townhouses in gated communities selling for $200 - $250k (LOW in Australia!)
That would cash flow, after all costs (insurances, government rates, taxes, etc.) to about $2k per year with a 20% down payment.
Pretty good as far...
Cash Flow vs Value Appreciation
from Cash Flow vs Value Appreciation
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