All Topics / Help Needed! / Retirement village

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  • Profile photo of SamSam
    Participant
    @muggles
    Join Date: 2016
    Post Count: 6
    February 26, 2016 - 1:25 pm

    Do you buy into retirement villages???

    Profile photo of Corey BattCorey Batt
    Participant
    @cjaysa
    Join Date: 2012
    Post Count: 1,010
    February 26, 2016 - 2:36 pm

    Terrible investments – highly restricted lending available which flows onto limited growth etc. The only people who generally make money out of retirement villages are the managers of the sites.

    Corey Batt | Precision Funding
    http://www.precisionfunding.com.au
    Email Me | Phone Me

    Investment Focused Finance Strategist - servicing Australia-wide

    Profile photo of BuyersAgentBuyersAgent
    Participant
    @knightm
    Join Date: 2005
    Post Count: 338
    February 26, 2016 - 4:56 pm
    Corey Batt wrote:

    Terrible investments – highly restricted lending available which flows onto limited growth etc. The only people who generally make money out of retirement villages are the managers of the sites.

    …and the land developers who got the approval and added all that value. Otherwise no not me either.

    BuyersAgent | Precium
    http://www.precium.com.au
    Email Me | Phone Me

    South Coast NSW Independent Buyers Agent - Wollongong to Batemans Bay and Regional NSW. DOWNLOAD OUR FREE 14 POINT PROPERTY BUYER'S CHEATSHEET to avoid painful mistakes at precium.com.au

    Profile photo of SamSam
    Participant
    @muggles
    Join Date: 2016
    Post Count: 6
    February 27, 2016 - 6:43 pm

    Ok thanks!!!! I appreciate advise.

Viewing 4 posts - 1 through 4 (of 4 total)

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