Do you advice a large deposit to decrease monthly repayments and make the property cash flow positive? Or a lower deposit and staying cash flow negative due to higher bond repayment monthly?
Hi Rick, you can increase the deposit to make the deal cashflow positive, but the key decision making criteria is your ROI. When you put more of your own money into the deal, the less your return will be. From my experience, when you leverage capital, that is when you get the best returns. My advice would be to change your area. If you need to put a big deposit down just to make the deal cashflow neutral / positive, then you are investing in the wrong area.
Been binge watching your videos
They are so informative. Thank you!
Will get your app too.
Awesome! Thank you!
bought your book. getting it on Tuesday.
Thanks Sam, hope you enjoy it :)
Have you enjoyed reading it?
Once again brilliant video , thank you Sir..you helping many people to become more savvy.
Thanks Wes, appreciate the kind words.
How do I get to know about your webinars?
Hey Lesego here's the webinar schedule propertybootcamp.co.za/webinars/
Do you advice a large deposit to decrease monthly repayments and make the property cash flow positive? Or a lower deposit and staying cash flow negative due to higher bond repayment monthly?
Hi Rick, you can increase the deposit to make the deal cashflow positive, but the key decision making criteria is your ROI. When you put more of your own money into the deal, the less your return will be. From my experience, when you leverage capital, that is when you get the best returns.
My advice would be to change your area. If you need to put a big deposit down just to make the deal cashflow neutral / positive, then you are investing in the wrong area.
Where can i get your book
At any exclusive books or at this link: www.penguinrandomhouse.co.za/book/financial-freedom-through-property/9781776095049