A hotel near my house was lying as a negative gearing property since last many years and I always wondered why the owners are keeping it unused.  We leave in the centre of a city and a hotel there will undoubtedly be a good income to them.

Recently, some people had taken the property on rent for hostel through Vendor Financers named as Paul and Karen.  They informed that they were in need of property at the centre of a city and had accordingly contacted these people.  They then informed us about this property and we were very happy to have it as apart from the rent being reasonable, we were hopeful that due to the location, we will be getting many occupants and it did stand true.  They are having lot of occupants now.

Paul and Karen were very supportive to them in finding this property and had cleared all the formalities very easily. They didn’t have to take any pain.

Even I feel happy to see occupants there, as it is always good to have someone next door and the negative gearing property is no more like that.

I had decided to shift to a new locality, but at that time, I was worried on whom can I rely upon to get a suitable renter as well as buy a new house in the area, I was totally unknown about it.  At that time, a friend of mine suggested to contact Paul and Karen who will ensure that there is regular positive cash flow in my account.

I then informed them of my willingness to buy a property in the new locality as well as give the existing one on rent.  They told that they will do the needful at the earliest. Now, I have a renter for my old property and also a very good house, which Paul and Karen had found for me and it is beyond my expectation to buy a property at the rate I had bought it. They also supported me by financing some money, as I was short of it.

Thanks a lot to Paul and Karen as without their help I don’t think it would have been possible for me to buy such a good house as well as to get a renter and thus, generate positive cash flow in my account every month.

Now days, most of the people have more money and they keep on investing in properties, but at times they don’t take much care of it leading to the property being a negative gearing one.

Of what use could such a property be?

I don’t like properties remaining idle and if anyone around / known to me is keeping their property idle, I always suggest them to give it on rent or utilize it in any other best way possible.  After all, it is an investment and how good it would be if it is possible to convert a negative gearing property into a positive gearing one.

Recently one of my colleagues had done so with the help of Paul and Karen.  He informed the details of property to both of them and they assured of finding a suitable renter as well as took complete responsibility of them.  The property which was lying idle since last few months got a suitable renter and is well maintained now.

He now regrets of not taking this decision of converting his negative gearing property into a positive gearing one earlier.  However, it is better late than never and their support was very good.

Searching for a suitable house is a tough job.  One of my close friends, who had settled abroad for over five years, was planning to return to his native place.  He had less contact there and had thus, contacted a Vendor Finance to buy a property.
We contacted them, informed them of the type of house we need, the locality we preferred and also the rate affordable to us.  They also informed us of their terms and conditions.  We agreed to it and asked them to proceed further with their search.  They showed us nearly five houses and all were good.  They did understand our needs well.  We selected a house, which we liked the most and thus, purchased it through them.

Really dealing through them is a very easy job as they don’t waste our time showing houses which we don’t prefer.  We are very much happy with the house they had found for us and that too within the rate affordable by us.  The amount charged by them is also not more.

With this Vendor Finance, my friend was able to find the house as per his expectation and that too in a short span of time.

Before 20 years, I didn’t own any property and used to pay a good amount as rent.  I always thought that it was a good way to get positive cash flow for the investment we had already done and it would always be beneficial for us.

Now, after a struggle of ten years, I own two properties, one in which I stay and the other one I had bought recently with the help of two personnel, Paul and Karen.  I was in search of a house, where I could invest and would never have to suffer and I felt buying property is the best option. Thus, I contacted these two people and they found it for me.

Investing in property and the property lying idle would incur loss as it requires much maintenance, but if it is given on rent, then it is beneficial as property is handled well.  Paul and Karen were very supportive and understanding people and helped me a lot in finding the renter.  While discussing with them, I never felt that I was talking to a stranger.  They have completed all the formalities and there is positive cash flow in my account on monthly basis.

My siblings had settled in United States and I had also decided to settle there with my family and had moved here on 10th September last year.  As it was a new place, I had decided not to sell my owned property, but to give it on rent so that if I don’t feel comfortable in US then I can come back.  At the same time, I didn’t want my property to be a negative gearing one and so I thought of giving it on rent.

As the decision was taken all of a sudden and much time was not left to find a suitable renter, I had decided to contact some good Vendor Finance, who could handle the things well.  I was then suggested of Paul and Karen, who arranged a renter for me in no time.

Seeing my urgency, they told that I will not have to think of it further as they will find a suitable one and they did find one before I left for US.

Now, I am well settled in US, but have decided not to sell my property, as I am sure as far as there are Vendor Finances like Paul and Karen, my property will not be a negative gearing one.

Last year only, I have converted my friend’s negative gearing property into a positive one with the help of Paul and Karen.

He and his family are well settled in Philippines since last 10 years and his property here was lying idle.  I always insisted to give the property on rent, but he told that let the property remain as it is, who will go to find a renter or collect the rent from them.  But when he returned home last year, he found that his property was lying in a very bad condition as no one took proper care of it.  He then decided to give the property on rent and thus, we contacted these two personnel.

They were very understanding and cooperative people and they told us that we will not face any problems from the renter’s point of view as they will take the complete responsibility. Within a month the renter was found and money started pouring into their account every month.

It is one year since his negative gearing property had been converted into a positive one, but till now he has not faced any problem with the renters and the property is also well taken care of.

I and a relative of mine had bought a property and had decided to give it on rent and thus generate positive cash flow.

Places with very good tourist attraction are sure to fetch good amount as rent.  This had prompted us to buy a property in one such place where many tourists keep on visiting round the year or else like peaceful surroundings to live.

We were new to that place, but the support of a Vendor Finance had helped us to get a good property at a very good rate.  As it was just an investment, we decided to give it on rent and the Vendor Finance whom we had approached to buy the property also helped us to find the renters.  Apart from finding a renter, they also completed the whole documentation process in time and thereafter, we didn’t have to worry about the property or rent as they were very punctual.

What else did we want?  We already had a good property in hand and now, again with the help of Paul and Karen, we are generating positive cash flow every month without any fail.

Vendor finance is a new concept which is very convenient option for the buyer as well as the seller. When we plan to buy some property we sometimes do not have those resources as property rates are very high and real estate is going higher and higher and thus to have the whole amount at once is not generally possible and thus people sometimes opt for the bank loan or some other way out.

This is on other way of dealing with such situation this is more convenient as you do not have to take any bank lone instead the amount lacking is paid by the vendor and the property remains on the vendors name till the time the whole amount is paid by the purchaser and once the purchaser pays back the whole amount the whole amount is transferred to the buyer or purchaser.

There is a contract signed between the vendor and the purchaser and the purchaser have to agree the terms and condition that are set by the vendor. Thus this is the best way out and mostly people use this option to deal with such situations so what are you waiting for if you face any problem in finance while you are buying a property then this option always will be there.

 Is there any good thing in keeping negative gearing properties?

Some people do keep it, but I don’t know why.  If the property is in some remote areas, then we can understand that it is due to unavailability of people to take it on rent, but in certain cases even in urban areas the property lies useless.

My friend had a property in a remote area.  He was in search of some good people who would take good care of the property and also pay the rent on timely basis.  It was a difficult job to get such a renter in a remote area, but this tough job was made easy by two people, Paul and Karen.

Afraid of this property becoming a negative gearing one, he approached Paul and Karen and both of them found a very good renter.  His property thus become home for his renters and the property remained safe as Paul and Karen had taken complete responsibility of the property as well as the renters.

Negative gearing properties, if you have then contact Paul and Karen and they will find a suitable renter for you within no time.