Cashflow cashflow cashflow

Discussion in 'Investment Strategy' started by Matthew D, 13th Nov, 2018.

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  1. albanga

    albanga Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    2,701
    Location:
    Melbourne
    Always start with what you already have:
    - Are Your rents in-line with market? If not start by raising them
    - How many properties do you have with the same PM group? If a few then request/demand a discount
    - How many properties do you have with the same insurer? If a few then request/demand a discount
    - When was the last time you asked your bank/broker for a rate review? If not do that ASAP. I’m not suggesting refinancing, sometimes it’s as simple as your broker submitting a 2 minute online pricing. Perhaps your LVRs went down and your now entitled to it. Perhaps your banks are pricing more competitively. Perhaps their is a fixed rate..

    All of the above should take around 1-2 hours and you could have a considerable cashflow boost.
     
  2. The Y-man

    The Y-man Moderator Staff Member

    Joined:
    18th Jun, 2015
    Posts:
    13,500
    Location:
    Melbourne
    At the risk of being extremely self-serving, I direct you to post #14 of
    Hi from The Y-man

    The Y-man