GEHA is the Government Employee Housing Authority. They lease houses for their employees, usually on a long lease with an option. Their standards for what they will rent are usally pretty high so you have an indication that the house you are buying is in good condition (of course you still have to do you P&.
Hi tjmckay,
my partner and i both have bought positive cashflow property in WA. We have mainly bought in towns around Kalgoorlie.
The returns are good, but you do have to find one with a long lease and a house that is in great condition. The reason is, that even though the mining industry is booming, vacancies in these areas are high.
Best is to…[Read more]