Forum Replies Created

Viewing 101 post (of 101 total)
  • Profile photo of ajayayyarajayayyar
    Participant
    @ajayayyar
    Join Date: 2005
    Post Count: 176

    Hi Calvin & thanks for your reply.

    This is my first investment property and I am going half-half with another member of the family.

    As far as rent goes, it is defence housing, so the lease guarantees it for 12 years. The rent is $380 per week.

    Being defence housing, I suppose it has the advantage of guaranteeing tenants which takes the hassle of managing the property. Since I am going half-half on the investment, my investment ends up at around $250,000.

    As far as my equity goes, I don’t own my own home yet so I don’t have equity (I am 21 and just finished working full-time for over 1 year). I am able to invest this amount of money to due the other investor having equity.

    Hope those details help a little..

    Anyway, I wanted to know which are seems more worthwhile to invest in. My goal is to have a solid return on investment within 4 years or so.

    Thanks.

    Ajay

Viewing 101 post (of 101 total)