Hi there heard a few people talking about buying display homes and leasing them bak to the builder for 18 – 24 months so they cn keep them as display houses. Anyone know a site for more info about this?
thanks mat.Hi Mat
Many Builders do this as a way of a sales tool to sell their new homes off the display and you will probably find on most estates builders are selling such homes.
Just a couple fo things to bear in mind:
1) Check to see the rent is not inflated so that when the Builder moves out you can still achieve a similar rent or a rent you are confortable with.
2) The Builder ensures that when they move out the property is either re-carpeted or allowance made as with 100’s of potential buyers walking through each weekend you will find things deteriote easily.Guaranteed rent maybe all well and good however it may come at a cost. Alternative investments may be just as good dependant on your experience and what you are looking for from an investment.
Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.19%**
Licensed Financial Planner
http://www.yourstatefinance.com
[email protected]
Ph: 07-3720 1888Richard Taylor | Australia's leading private lender
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