philj replied to the topic Westpac and Defence Force Housing in the forum General Property 18 years ago
My company recently held the cleaning contract for defence homes and during this process I found out: management fees are 8%, homes are kept for 10 years then handed back after a full refurishment at no cost to the owner. Rentals are above the market average. I think this is potentially a good 10 year investment for around $300K…[Read more]