One of the major limitations to a buy and hold strategy is the effect on cashflow from negatively geared property. With Perth having experiencing a decline in rental values over the last few years, it made this strategy unviable for many investors. But what if there was a way to not only turn a negatively geared property into once that covers all costs, but also make surplus income that you could use to replace your income or qualify for more investment loans? This could open up a whole new approach to investing, allowing you to acquire more property while buying conditions are good before the market moves into another growth phase.
This month, we have an expert on holding property for cashflow, Neil Gibb, presenting on strategies he is using in Perth’s current market to turn negatively geared property into positively geared property. He will cover:
- The strategies he is using to purchase or rent negatively geared property and convert it to positively geared property
- How this strategy allowed him to replace his job income in 24 months and move into property full time (even though rents declined in Perth over this period)
- Examples and case studies of a number of properties showing how this strategy works and the numbers involved
- How he can help other people convert their negatively geared properties
About Your Speaker
Neil is an experienced investor who has converted 24 properties from negatively geared to positive cashflow in the last two years. Together with his wife Jo, he runs a property management company that specialises in this strategy.
Come and Be Part of Our Popular Networking…
This is going to be an awesome evening so prioritise the date in your diary. Following on from the presentation we will have ample time to network with local property investors in a relaxed setting.
We look forward to seeing you there!