defence housing anyone?, page-7

I attended one of their seminars late last year. They occur in capital cities and in many large regional centres, they are free to attend, so contact DHA, there may be an upcoming one near you. The seminars are no obligation, only take about 90 minutes and may be worth your while, or your son's.

A DHA house offers a low hassle rental property. Just a few bills to pay and a gauranteed known income stream for 10 years. If you have ever had a rental property, A DHA in comparison takes all the stress and hassle out of being a landlord.

There are a number of drawbacks.

You cannot negotiate for the purchase price of the house like you can with other real estate.

When it comes time to sell, you can only onsell with the DHA lease in place, so your market is limited to investors.

They tend to be in areas where CGT will not be as high as in other places. This is the biggie.

A friend of a friend has three of them and raves about them. Looked into them a while back and decided not for us. I did google up a few interesting articles, I don't have the URL's any more, but it shouldn't be hard to google them up again with something like "DHA problems."

Some of the DHA selling points apply equally to any other rental property. Depreciation schedule (on new property), deductions, negative gearing and travelling allowance can be claimed on any property.

The higher management fee, once you realise what it covers is ok. But if you own a rental nearby, you can control your smaller incidental costs yourself.

After being a landlord to an older property, the appeal of a dead easy hassle free investment was appealing. But we went with a different form of property investment.

Keep your eye on the ball, capital gain is the biggest winner in property.