dmitri replied to the topic 11 Second Rule Not Relevant to NZ in the forum Overseas Deals 19 years, 6 months ago
Hi aptam,
This is a good point. The 10.4% is most likely a gross return. Hence, the net return and CoCR could be lower.
However, there are other factors you have to take into account as well, for instance ways of increasing the rent by renovating, subdivision potentials, capital growth potentials(at last).
Remember the formular, annual…[Read more]
dmitri replied to the topic looking for partner in doing lease options and wra in the forum Creative Investing 20 years ago
I live in NSW. Is it going to be a problem for you?