Hi Everyone,
I hope everyone are well.
I was offered an investement property with +ve gearing in Brisbane. I dont have to worry about rent even though the property is not rented. Because if for example 95 units are rented and 5 isnt then those five unrented will still get the weeks rent from the 95 who are rented.
Does this make sense to you all?
RickyRicky,
What would happen if 40% not rented, but your unit is rented. Does it meant that you will be paying for the other units which is not rented? if so by what %?
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]Hi Chan$$$,
Good question, I will ask that same question when I have a meeting with them.
Thanks Chan$$$Ricksters
Hi Ricksters,
Based on your first post I would have to say the answer to Chan$ question is you would be subsidising the vacant units.
You can’t have it both ways – you get a subsidy when your unit is empty but you don’t subsidise the other owners when their unit is empty.
Derek
[email protected]How can this be a sound investment is beyond me, pooling is like rental guarantees.
hey ive got a +ve cashlow property in queensland and nsw spotted, anyone want to buy for $200?
Originally posted by paddymccabe:hey ive got a +ve cashlow property in queensland and nsw spotted, anyone want to buy for $200?
Maybe. Details? How much, whats the rent, how big is the town? What age are the properties and waht are they made of?
Regards
JudiOriginally posted by judi:Originally posted by paddymccabe:hey ive got a +ve cashlow property in queensland and nsw spotted, anyone want to buy for $200?
Maybe. Details? How much, whats the rent, how big is the town? What age are the properties and waht are they made of?
Regards
Judiditto ditto
For just $200 the property might have been built by those 3 little cute pigs…from straw LOL.
I might have to order Mr WOlf, if he can’t blow it down then I will make an offer straight away! Who cares about the size of the town, all I need is ONE tenant who is willing to pay me $4 rent a week and I’m a happy landlord.Seriously, we need details. Is it a holiday thing, units, or what?
Is it the retirement village? They have the sasme rental pool as you said!
Regards
Julain[
]THERE IS ALWAYS A BETTER WAY!
You guys are so exicited about that +ve cashflow property. There are still +ve cash flow left. Do you want me to find for all of you. lol
Cheers
[]
PropertyGuRu
[] Originally posted by **PropertyGuRu**:You guys are so exicited about that +ve cashflow property. There are still +ve cash flow left. Do you want me to find for all of you. lol
Cheers
[]
PropertyGuRu
[] Hi PG,
Give me a hints, Please………………………please [:X]Regards
Julain [
]THERE IS ALWAYS A BETTER WAY!
Originally posted by Julian:Originally posted by **PropertyGuRu**:You guys are so exicited about that +ve cashflow property. There are still +ve cash flow left. Do you want me to find for all of you. lol
Cheers
[]
PropertyGuRu
[] Hi PG,
Give me a hints, Please………………………please [:X]Regards
Julain [
]THERE IS ALWAYS A BETTER WAY!
Hint:
1. in australia
2. in new zealand.
.
.
.
lolWarm Regards
ChanDollars
[The bridge between where you are right now & where you want to be tomorrow is knowledge]Ricksters,
Pozz gearing measures are only calculated on tenancy. No tenancy= your property is fully negative geared. Watch out for properties managed in that way- they’re likely to exaggerate the benefits. Go for a rental guarantee instead. If it’s pozz geared, it’s likely that it’s a cheapy. A rental guarantee will serve you well for a couple of years.
What are they offering in this offset arrangement?
kay henry
]
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