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Thanks for the responses. Yes, I agree that the incentive is very attractive as explained by Redom and euro. However, I still have this concern about dealing with consortiums. Am I being paranoid or is it a genuine concern? And yes, NRAS would not suit everyone especially for someone who...

I think what greedy2000 raised is a valid point. One of my concerns is, the involvement of another party as middle man in the scheme ie the consortium. Chasing someone for cash is hard enough, let alone when there is another person involved in the middle. What DT said is also relevant. The...

Hi Chris, may I ask where the one you looked at is located?

The one I am looking at is almost finished so this risk would be eliminated I supposed. And it is not a land + construction scenario which would increase the holding costs etc All good points. Thanks guys

Surely there are people who own NRAS in this forum. Come on guys, need your opinion and experience :)

Hi DT. I am on 37% tax bracket (+2% medicare). So from negative gearing point of view, it is quite attractive. From borrowing capacity, I could get a couple of properties at lower entry point ($300k) from my current bank (ANZ). After that, will need to discuss with a broker Yes, I do realise...

I am thinking to get into NRAS investment. The cashflow is too attractive to be ignored although I will need to get a few to obtain a 'sizeable' cashflow eg 4-5. From euro73 posts previously, the projection is approx. $100k / per property during the 10 year period from the government incentive...