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I have seen student apartments selling for $200K and renting out for $600+ per week. This more than covers the repayments.
Are they good investments?
What traps are there?
No – they do not make good investments.
Yes, there are trps. Low Capital Growth, high fees. Low LVR loans to buy them. No easy to sell if you want to get out.
There are better ways in my view to get good CG & high yield than this.
look at country towns with reasonable population… thats a better way of doing things…
Viewing 3 posts - 1 through 3 (of 3 total)
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