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  1. DaveM

    Block of 4 units for $350,000 rent $800 - $900pw 12.5%+ yield.

    One of the issues I have had with costing up unit blocks is the ongoing costs equivalent to an admin fund soak up lots of the cashflow... insurance, lawns and gardens, house power, water, general repairs etc. Plus putting aside an equivalent of a sinking fund for future works. There was not a...
  2. DaveM

    Block of 4 units for $350,000 rent $800 - $900pw 12.5%+ yield.

    The comments about Nathan were not aimed at you sorry, they were just for some context for some earlier comments. :) The returns for me at least are post reno figures... buy something that needs work, I am reasonably handy + trades to do a low cost reno (I can do a...
  3. DaveM

    Block of 4 units for $350,000 rent $800 - $900pw 12.5%+ yield.

    TMNT not unit blocks, but I have bought 2 properties in western sydney this year returning 8.5 and 9.2% gross. I have also bought some regionals varying from 7.5% to 12%. I have met Nathan a couple of times and while I cannot speak for his investments and strategy with any authority, he is a...
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