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  1. J

    Buying in minning towns

    Oh and yes if things are going great you may get another 5 years But what if rents are dropping ??? What if they have dropped badly ?? Do you think he will carry on paying you more than he is making He will walk away as bankrupt and leave you hanging rent guarantee meaning nothing...
  2. J

    Buying in minning towns

    If this is what I think it is they are also in Chinchilla with a guarantee rent of 8% You buy from the builder who then becomes your tenant and guarantees the rent. He in turn sub lease's the unit as a furnished property (He furnishes it) and charges you 8.5% management fee. Your guarantee...
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