National Rental Affordability Scheme (NRAS)
http://www.google.com.au/search?q=N...1I7SKPB_en&redir_esc=&ei=xwj9S5D2J8bIcZP8zMoJ
Hi,
I have been looking into this scheme, basically they are government houses (new homes) barely +ve geared (after Approx $9k pa government subsidy) , but you are locked into renting them out at 75% market value. There is also a rental guarentee in place.
My idea would be a simple buy & hold .....long term.
Just wondering if you guys have come across these before & your thoughts on it?
Thanks!
Murrayo
(ps. I am looking at Brisbane & Townsville)
http://www.google.com.au/search?q=N...1I7SKPB_en&redir_esc=&ei=xwj9S5D2J8bIcZP8zMoJ
Hi,
I have been looking into this scheme, basically they are government houses (new homes) barely +ve geared (after Approx $9k pa government subsidy) , but you are locked into renting them out at 75% market value. There is also a rental guarentee in place.
My idea would be a simple buy & hold .....long term.
Just wondering if you guys have come across these before & your thoughts on it?
Thanks!
Murrayo
(ps. I am looking at Brisbane & Townsville)
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