Hi all,
Can anyone share with us any negatives they can think of in regards to buying a reirement unit for $80,000 with rent approx $160pw??
We realise that resale could be difficult as only for investor/ retiree market, but good cash flow to possibly off set a neg. geared property. The small initial outlay is also attractive.
Any thoughts????
thanks
Chris1
Can anyone share with us any negatives they can think of in regards to buying a reirement unit for $80,000 with rent approx $160pw??
We realise that resale could be difficult as only for investor/ retiree market, but good cash flow to possibly off set a neg. geared property. The small initial outlay is also attractive.
Any thoughts????
thanks
Chris1