Search results

You might consider it if you have an already useless defunct negatively geared property. But if you were buying it to do this, then may I suggest you buy my business for 3.5x which would give you 30% return per annum? For $500k make $150k, not $10k.

timtam is spot on. I'm amazed people put money in to this. It's basically like running a business and really hands-on. But if I were running a business I'd sure as hell want more than 5% yield or whatever rubbish yield you're going to get. I can go buy a cafe right now for 50% yield and...

Utility Since you're paying utilities, you'll get $3000 electricity bills very often. If you split the bill, how do you attribute who used what? Who's been using the heater? Vacancies No one wants to stay there during July or between November and January. So you have 4 months empty every...