Total Members: 159,081

Dplayer33

  • Dplayer33 replied to the topic the 11 second solution in the forum Help Needed! 16 years, 9 months ago

    That is because finding a CF positive property is difficult.Generally the rental return on a property is about 4-5%.The 11 second rule is looking for a return of about 8%

  • Dplayer33 replied to the topic Is it worth it??? in the forum Help Needed! 16 years, 9 months ago

    I looked at these as well as the ones in Sippy downs.After everything you are looking at about 12k return on a 210k investment, which is about %5.5. (not including depreciation)Not bad but not amazing and there is no capital growth and they are hard to sell. I rang and spoke to the complex manager and he we very honest and straight down the line.…[Read more]

  • Dplayer33 replied to the topic Shafston University Mansions in the forum General Property 16 years, 9 months ago

    I looked into several Student Accom units in Sippy Downs and a couple in Logan in Qld and could not get the figures to work.After things like Sinking Funds, council rates, and body corporate, I was looking at about a %5 return on a 200k unit.These were 4 bedroom units rented at ~135 a week each, so even with at gross rent of about 2K, it didn't…[Read more]

  • Dplayer33 replied to the topic Student Accomdation in the forum Help Needed! 16 years, 11 months ago

    I am looking into this also.I know that turning a residential house into student accom is better than actually buying these dedicated student lodgings due to the appreciation but these things go for about 200k.Since I can only stretch to about 250k, and I need something CF+ are there really any other realestate alternatives?

Dplayer33

Step 1 - 0% Complete

Fill Out Your Member Profile Below

Fill in the required fields below to complete your registration.

Registration not only grants you full access to this website, but will also enable us to send you our newsletter, latest investor tips, strategies and information about events/products relevant to investors. You can opt out at any time.

Used to log in to the website and for targeting with messages. Alphanumeric characters only. No spaces allowed..

Member Login
Lost your password?
×
159,081

Register Free To Unlock Unrestricted Access To PropertyInvesting.com

×
1-Day Millionaire Mastermind Workshop - Only LIVE Training in 2019!