17 Jul Things to look for cash positive
Things to look for cash positive
When we are talking about the fundamentals of actually buying a direct cash positive outright, there are certain characteristics that you are going to have to start to look at. Strong rental yield areas; mining towns are probably the first thing to come to mind, because mining towns over the last few years have historically had much higher rental returns than other towns. As the market sits today, I believe that I would have caution going into some of the smaller mining towns. Smaller mining towns may be totally reliant on only one mine and may not be supported by any other industries – so be a little bit careful there.
We always recommend that you seek professional advice as this blog is for general information only