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You should go and run an AirBnB. That is the best grift going...

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trent3727

6,264 Posts.

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10/03/24

18:15

Post #: 72833254
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Originally posted by gs1368: ↑

How do they leach? Imagine a person buys a unit in Sydney for $1 million. His interest costs on 1m at the rate of 6.5% will be $65000. Landlord will pay around 10 thousands in insurance, rates, water, strata, repairs, management agents fees. What rent he should charge? Should he cover all the costs as private investor. Remember he would have done lot of sacrifices to raise required deposit.

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You should go and run an AirBnB. That is the best grift going down by landlords these days.

Last edited by trent3727: 10/03/24
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