Here we have Sam and Susan, a couple of 25-year-olds who charge off to
one of those investment property seminars that promise you’ll make a million
dollars in six months.
Instead, our bright young things end up knee-deep in cash flow tables,
bank documents, and (oh dear) a signed investment home contract that results in
their off-the-plan, out-of-town, so-called whiz-bang investment property
growing at a miserable 1.3 percent per annum over the next 10 years.
The learning fee in this scenario is especially scary as that
"shark advice" could end up being a millstone around their necks for many years.
They may not be able to offload that property without making a significant loss and therefore their future lending capability may be
severely compromised.
RealRenta has all the
tools that a property manager has but for less than ¼ the cost of a
property manager.
Join now and the cost
is less than a cup of coffee a week to manage your rental property
RealRenta also has a
free vision, so why not check it out
Jason Gwerder
Tuesday, 27 September 2022