Unit Block Strategy - Good / Bad?
Episode description
Should you invest in a WHOLE Block of Units?
Is this a BETTER property investment STRATEGY than standard houses in Australia?
In this episode we discuss FOUR PROS & SIX CONS of Unit Blocks
Positives:
- High Yield
- Manufacturing Profit
- Tenants Vacancy
- Lower Land Tax
Negatives:
- Maintenance Cost
- Opportunity Cost
- Difficult Lending
- Insurance/ Council Costs
- Resale-ability
- Tenant Headaches
At the end I give you my conclusion: YES or NO
Discussion Points:
00:00: Introduction
02:16: Higher yield than normal houses
03:24: Manufacturing profit
05:01: Low vacancy rates
05:59: Less land tax
07:10: Care in the construction type
08:11: 8-10% yield needed
10:02: Lending difficulties
13:20: Selling difficulties
14:06: Managing tenants trouble
17:06: Conclusion
About The Host:
Subscribe to Aus Property Mastery with PK for no BS, “straight to the point” property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music.
PK Gupta is the founder of the Property Investment Accelerator — Australia's #1 Rated And ONLY 100% Independent Real Estate Course & Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time.
Resources:
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