Cash Flow Properties in a Market That's Stopped Being Cheap

The cash flow investing playbook assumes you can find properties where rental yield comfortably covers the holding costs. That assumption gets harder to hold onto every month Brisbane prices keep climbing, because yield and price move in opposite directions by definition.

I'm still finding cash flow positive properties. Just not in the suburbs I found them in two years ago. The hunting ground has moved further out, or shifted toward property types, units and dual-living especially, that I wasn't looking at as closely before.

Strategy hasn't changed. Where I execute it has. That's a distinction worth being honest about, because clinging to the same suburbs out of familiarity, once the numbers there stop working, is how a sound strategy quietly turns into a bad one.

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