Posts

INVESTORS LOSE $800M !!!

Bad news right?

Well actually the changes aren’t very ‘changed’, more slight modifications.

There are two main areas that will be affected, Negative Gearing and Depreciation.

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Many clients come to see us with the idea that they can make money from property, but they don’t really understand how. If you know the formula, and you get it right, then it’s relatively easy to make money through property investment and often it doesn’t cost very much to do so.

How is that possible? How can you grow your wealth with little initial outlay?

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What is a positive cashflow investment property and is it worth seeking out?

Simply put, a positive cashflow investment property means that the income received from the investment from rent outweighs all expenses associated with the ongoing cost of the property. So the rent received from the property is more than all costs, such as agency fees, strata or body corporate, if it’s an apartment, council and utilities if it’s a house, mortgage repayments and repairs or maintenance of the property.

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