Would it be a risky strategy to have 20 properties in regional towns across Australia with the minimum population being 10 0000 people. Valued at 3000000 at 50 ? 60% LVR
Equity 1 million to 1.5 million
Av value of property $150 k
Equity is manufactured through renovation ? buying run down dumps well
Gross Rent $200 ? 250k
Net rent 30k ? 60k
Equity 1 million to 1.5 million
Av value of property $150 k
Equity is manufactured through renovation ? buying run down dumps well
Gross Rent $200 ? 250k
Net rent 30k ? 60k