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  • Profile photo of RedliliaRedlilia
    Member
    @redlilia
    Join Date: 2003
    Post Count: 25

    Do you have any experience in investing
    defense housing?

    The QLD property in their web goes so quickly!

    Profile photo of WAFWAF
    Member
    @waf
    Join Date: 2003
    Post Count: 61

    Hi,
    Defence Houses are usually a good investment for buy and hold long term however don’t suit everyone for the following reasons. They have a guaranteed long lease, after which they will repaint, carpet etc. They will also take care of maintenance. Whilst this is great they charge very high management fees and the houses are always overpriced to take these benefits into account.

    On the plus you have a long lease, maintenance and the houses are usually well located. As I suggest good long term buy and hold if that’s what you are after.

    Profile photo of DerekDerek
    Member
    @derek
    Join Date: 2004
    Post Count: 3,544

    Hi Redilia,

    And do not be seduced by thinking annual rent reviews (in line with market?) means the rent always goes up.

    I do know of investor who found their rental income reduced.

    Derek
    [email protected]

    Property Investment Support Available. Ongoing and never stopping. PM welcome.

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