If you say, "I just want to buy a house, I don't care where it is and I want a bargain." The agent thinks this buyer has no idea. But the wise person who is property investing will say.

Investor John Burley has a portfolio of 160+ residential properties, shares and businesses. In this article he shares the 12 rules of investing that help him continue to build his wealth.

Let's look at the differences between home units and houses.

This really requires you as the buyer, to know what it is you're trying to achieve and when you wish to achieve it, in order to determine which property type is the right choice for you.

There are many people who have been caught up in the latest round of buying brand new off the plan inner city units. As many of you know, for a couple of years I have been saying this is a recipe for disaster.

This is a transcript from Today Tonight on a story they ran on Rick Otton and his company We Buy Houses Pty Ltd.

Reporter: Michelle Tapper

Broadcast Date: September 16, 2002

Saving for a deposit on a house to get a home loan can be the hardest step in trying to own your own home but hard-working families who have been rejected by the big banks have been left frustrated, bewildered and hurt.

As a general rule, my personal preference is that I like my properties to positively cash flow.

Positive cash flow means that after all expenses are taken into account, there is money left over. It is possible to rent your investment property and make positive cash flow.

Ask yourself this question if you’re thinking about buying investment Property:  Am I better off getting positive monthly cash flow now or do I wait for future capital gains and negatively gear every month?

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