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Thanks for your reply.
Also wanted to ask about the investment that we are interested in.
They were advertised as ‘Cash-flow’ positive investment villas located in Townsville, Sunshine Coast and Armidale. They are selling for $115,000 with a rental income of $205 per week (based on current rents and past history), for retirees who receive their rental income as a percentage of the Government Pension and the Government Rent Assistance.
The email I received has a lot of information and I have set up a meeting with one of their reps in my area who are also set up nationally. Has anyone ever heard of these deals? Are they dodgey? What do I need to find out to make sure I don’t get caught out?
Regards,
Dani
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