Who says you can't get good 10%+ yields with residential property?

[FormerLurker]

Just need to think outside the square....and the law apparently:

http://www.news.com.au/money/proper...queezing-tenants/story-e6frfmd0-1226033796899

 

[darkage]

incredible, just jam pack the student in there like sardines..

 

[Ocean Architect]

yeah we were going to do the 200 per student per week tax free thing once upon a time with a 6BR house, but it ended up being a lot of fuss because of the whole "male landlord, female student" thing

 

[Wunderbar]

yeah we were going to do the 200 per student per week tax free thing once upon a time with a 6BR house, but it ended up being a lot of fuss because of the whole "male landlord, female student" thing

Please explain how being a male landlord precludes you from leasing to female tenants?

 

[Strannik]

incredible, just jam pack the student in there like sardines..

if the students don't mind, why not?

after all the students live like that anyway on campus. the room houses 2-3 unrelated people, with toilets and showers in the corridor, and those places are actually hard to get into.

same with backpackers and small motels

when i was a student i was crashing on the living room floor at the place my brother rented with his other mates, cause i was too lazy to go and get my own place.

i think the main problem here is people not doing it properly, i'e splitting the rooms but not expanding plumbing and electricity lines, sewerage to cater for additional load.

 

[Aaron Sice]

.....and the lack of revenue that generates for govt and private enterprise....

like cigarettes. only illegal is you sell them without paying the tax - bugger the health implications.