I stumbled on a country property of 5acres, just outside a small town, (popular tourist destination), with views, tidy home, shed etc… for less than $50K.
I thought that marketing it to a “wanting sea-change” semi/retired coulple could be a novel way wrapping this property.
Has anyone ventured into wrapping anything like this?
Any advise would be greatly appreciated…Hi,
What you are describing here is a property-focus approach to investing. That is… find a property that appears cheap and then harvest it.
Sensibly, you also recognise that you will need the right person too.
Why don’t you advertise for people to establish whether or not there is a market / demand for your idea (as a wrap).
Alternatively, is there any demand for that kind of housing as a normal rental… do the numbers stack up?
Regards,
Steve McKnight
Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
https://www.propertyinvesting.comSuccess comes from doing things differently
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