Hi All,
Has any body hear about NRAS properties in Churwar, Ipswitch, Qld. We were told by the agent that this is a good suburb in Ipswtich.
However, the NRAS properties cash flow is not positive. This is because:
1. PM fee is 11% over the Market Rent + the $12.83 compliant fee weekly
2. Rent received is 25% less than Market Rent
Please offer your view on this situation?
Thanks
Has any body hear about NRAS properties in Churwar, Ipswitch, Qld. We were told by the agent that this is a good suburb in Ipswtich.
However, the NRAS properties cash flow is not positive. This is because:
1. PM fee is 11% over the Market Rent + the $12.83 compliant fee weekly
2. Rent received is 25% less than Market Rent
Please offer your view on this situation?
Thanks