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What are the disadvantages of investing in a retirements village in order to abtain a postitive cashflow?
Well you won’t be getting heaps of capital gains on the place. There might also be a pool fund and you don’t have 100% control of the place. I heard that if you want to be in total control of your investments don’t go for the retirement village idea….just my 2 cents
You possibly wont get standard residential finance either.
Cheers,
Simon Macks
Mortgage Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Thanks for the help.
It is a pooled fund.
Andrew
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