JJRInvestor replied to the topic Subdividing or dual occupancy in the forum Value Adding 14 years, 8 months ago
ryan mclean wrote:
If you just split the block you can sell off the land and then use the money to pay off your mortgage or to reinvest. It probably won't affect rent much. This is a great way to get a positive cash flow house, and to get your equity back out to re invest. Dual occupancy is good if you can build a house for cheap and it can…[Read more]JJRInvestor replied to the topic Subdividing or dual occupancy in the forum ryan mclean wrote:If you 14 years, 8 months ago
ryan mclean wrote:
If you just split the block you can sell off the land and then use the money to pay off your mortgage or to reinvest. It probably won't affect rent much. This is a great way to get a positive cash flow house, and to get your equity back out to re invest. Dual occupancy is good if you can build a house for cheap and it can…[Read more]JJRInvestor replied to the topic Subdividing or dual occupancy in the forum Value Adding 14 years, 8 months ago
ryan mclean wrote:
If you just split the block you can sell off the land and then use the money to pay off your mortgage or to reinvest. It probably won't affect rent much. This is a great way to get a positive cash flow house, and to get your equity back out to re invest. Dual occupancy is good if you can build a house for cheap and it can…[Read more]