Pros an cons of rent to DHA

[bnicklin]

Please go for it. Thoughts!

 

[geoffw]

It's been covered a lot- I know because I've made a few contributions over the years.

Search on "defence" as Somersoft doesn't allow searches on three characters like DHA.

 

[devank]

but you can search DHA*

This is my view on DHA.
- Properties are well over priced
- you can't do anything to the property until the lease finishes. Meaning you can't improve the rental income
- generally located in less than ideal places

+ 16% management fee seems high but it is worth it

 

[bnicklin]

Cheers guys, Just out on site an the search button doesn't work on my iPhone. I just really like the idea of long term rentals. An having peace of
Mind the house wont be thrashed. Houses I been looking at 360,000 with 360-380 a week rent.

 

[redwing]

Cheers guys, Just out on site an the search button doesn't work on my iPhone. I just really like the idea of long term rentals. An having peace of
Mind the house wont be thrashed. Houses I been looking at 360,000 with 360-380 a week rent.

Whats thier management fee?

What if you want to sell at some stage?

 

[bnicklin]

Waiting for the real estate to open. So I can find out! Well I'm pretty sure you can sell at anytime? The ones I'm looking at are all
Currently tenneted. Will know more soon.

 

[devank]

Whats thier management fee?

What if you want to sell at some stage?

Is that a question or are you trying to get the OP to think about these two points?

Management fee is generally between 16~17%.
You can only sell to another investor. So I'm not sure how well that can go.