I have been trying to get more information about rooming houses as a friend of mine lived in one for a while. You need to be very careful of the type of people that you rent out to – there are many drug addicts, ex-cons etc..
However, as I have been attempting to do the sums, it’s sounding like a really good idea – esp. for positive cash flow.…[Read more]

I noticed that there are lots of rental properties in North Frankston; It is obviously a much cheaper area than Frankston itself, however, I wonder about the potential for selling or rental in the near future.