All Topics / Help Needed! / Securely leased serviced apartments… anyone owns one?

Viewing 3 posts - 1 through 3 (of 3 total)
  • Profile photo of PreCambrianPreCambrian
    Member
    @precambrian
    Join Date: 2010
    Post Count: 4
    February 23, 2010 - 1:37 am

    Has anyone ever owned or does own, a securely leased serviced apartment(s)? Are they are a good asset to have in a portfolio?

    From what I can tell, almost all the outgoings/overheads are paid for by the company that runs the serviced apartment business and the lease terms are generally long-term, with periodic rises rental rates.
    However, the returns are usually not that great… probably a little better than the rate on a high interest bank account.

    Have I missed something? What are some of the advantages or disadvantages to owning one? Should I stay clear of them?

    Profile photo of god_of_moneygod_of_money
    Participant
    @god_of_money
    Join Date: 2008
    Post Count: 970
    February 23, 2010 - 1:44 am

    Just do search in this website
    you will find heaps of information

    Profile photo of PreCambrianPreCambrian
    Member
    @precambrian
    Join Date: 2010
    Post Count: 4
    February 23, 2010 - 2:27 am

    Thanks. There is a lot of information here within the forum, if one does a search.

Viewing 3 posts - 1 through 3 (of 3 total)

You must be logged in to reply to this topic. If you don't have an account, you can register here.