I agree P.
Made my money when I was younger from fixing up houses.
But now?? The darned stamp duty for starters, maintenance, dodgy tenants... I just don't have the energy
Plus you can't sell a portion of a house to free up some cash. And even if a buyer is found immediately there is waiting for settlement.
On the plus side though one can physically improve a property; not rely on a BOD.
For a more guaranteed income (no vacancies) and lower maintenance costs perhaps consider DHA, Defence Housing Authority.
They manage property all over Australia and purchase price in a regional centre eg Darwin or Townsville far less prohibitive than Sydney or Melbourne.
Good luck with your final decision.
- Forums
- Fixed Income
- What is the best
What is the best, page-11
Featured News
Featured News
The Watchlist
ATC
ALTECH BATTERIES LTD
Martin Stein, CFO
Martin Stein
CFO
SPONSORED BY The Market Online