Defence force housing offers guaranteed rental income for years but is it worth it? What do we think about defence force housing?
Ryan: Cool. All right, next question. How do you feel about buying defense force housing. I remember answering this one in the webinar. I’ll hand it over to you first and then I’ll hand my spiel.
Ben: I don’t like it all personally because I think it’s overpriced. Secondly because the return is very average, like the yields that they give you are super average for that I suppose what you would deem to be reducing your risk in terms you will have a tenant for the next seven to 10 years, but the returns are significantly less and the management fees that those guys charge are horrendous. Like I’ve seen management fees in defense of 20 plus percent.
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http://onproperty.com.au/428 - View the full transcription and audio version of this episode.
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property tax What Do You Think About Defence Force Housing? | |
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