The Positively Geared Truth
It used to be that negative gearing was the in-vogue investment strategy. I can remember people looking at us strangely and thinking it mildly humorous when we found and endorsed the potential of positive gearing back in early 2000 … but who’s laughing now?
We’ve enjoyed lots of overseas holidays including several trips to Greece and the USA as well touring Europe … In fact we’ve visited 29 different countries since we started investing in property almost 14 years ago 🙂
These days people are much more educated and understand the benefits of having an investment that doesn’t negatively impact your lifestyle, while you build your wealth through property. However, there’s still a lot of myths and mis-understandings out there – and it’s time to clear them up! So I’ve written an article covering the 8 top FAQ’s to help you understand things more clearly, and perhaps inspire or inform you enough to consider building your own positive property portfolio …
Click through to the article and you’ll find my answers to the following questions:
1. Do They Really Exist?
2. Too hard to find?!
3. Can I Expect to Live off the Rental Income?
4. Can I get Capital Growth and Cash Flow in the Same Property?
5. What Should I Look for as a Positive Cash Flow Property
6. How Do I Analyse a Property Properly?
7. Add Value to Reap Rewards
8. Why Would Anyone Sell a Positively Geared Property?
In case you’re curious why I’d spend time writing this article when I’ve covered much of this information in the book ‘Property is a Girl’s Best Friend’ and at Property Women workshops I’ve spoken at previously. Firstly I realised that many men hadn’t received that information. Secondly I’ve found some of my coaching clients had initially expected that a yield of 5% would be enough to make the property cash flow positive – and that’s not usually the case. Thirdly we’re selling some of our properties, so I thought I’d let you know because yields on some of those are very attractive. Fourth and finally, I want you to understand how to analyse the cash flow yourself when looking at any property to add to your portfolio...it could make a world of difference to your property success.
Click here for the full article – and Happy House Hunting!