Hi there,
does anyone on here rent to mainly students? I have seen a property in the vacinity of UQ which is advertised as 8 bedrooms (4 beds plus a bathroom, kitchen and living area on each of 2 floors). It is rented fully furnished and the rent is increased each year. Each room currently rents for about $130 per week and is soon to go up to $137.
Apart from the obvious problem of having 8 separate tenents so it means the management fees will be that much higher, can anyone point out if there are any other problems to consider. I wondered if it would mean the property did not have such a high capital growth, or is that not true?
THanks a lot, in advance,
Shona
does anyone on here rent to mainly students? I have seen a property in the vacinity of UQ which is advertised as 8 bedrooms (4 beds plus a bathroom, kitchen and living area on each of 2 floors). It is rented fully furnished and the rent is increased each year. Each room currently rents for about $130 per week and is soon to go up to $137.
Apart from the obvious problem of having 8 separate tenents so it means the management fees will be that much higher, can anyone point out if there are any other problems to consider. I wondered if it would mean the property did not have such a high capital growth, or is that not true?
THanks a lot, in advance,
Shona