OPM;
I guess property trusts are great if you aren't able to afford a deposit/repayments on a property -or arent interested in investing time/effort to research/management of IP's.
That said, I like the way this particular trust is thinking:
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"We believe classic, older-style housing is more attractive to tenants -- and more likely to generate maximum capital gains -- so we buy these properties and repair them," he says.
Jock Bing says that buying a huge, one-bedroom cottage at Newtown represents better value in terms of capital gain than an off-the-plan apartment at Green Square.
"The house includes land, and it would cost a hell of a lot more to build the house."
"We will buy flats from the art deco period, because the quality of their construction is good and they tend to be large.
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For me, I prefer a more hands-on approach to investing, where you have the ability to drive past your investment once ina while-rather than checking on-line once per week what your porfolio is worth
Cheers
Sam
