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  • Profile photo of Enid77Enid77
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    @enid77
    Join Date: 2013
    Post Count: 2
    April 21, 2013 - 8:00 am

    Buy a place and rent out the spare rooms on a short term basis on something like AirBnB so when you aren't there both rooms make money. Could be issue if the place is strata but if it's your own house would be okay. 

    Profile photo of Enid77Enid77
    Member
    @enid77
    Join Date: 2013
    Post Count: 2
    April 21, 2013 - 6:39 am

    I currently lease two and am looking at more to buy or lease so have been and seen a few. Currently designing a spreadsheet to help me analyse properties for potential and cashflow etc. I've managed the two I've got for over three years now. Biggest issue is occupancy rates. I think plus repairs, maintenance and horrid guests causing issue or damage need to be budgeted for. Type of management is crucial to keep up profits, can make or break a place. Which one are you looking at? Happy to give any feedback I can.

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