G'day!
John is wondering about his property in Chermside, an area set to boom. His rent is down, he reckons because of a huge influx of new property in the area.
Having a good rental return on your property is a nice feeling, and definitely helps you out, but is it a marker for the success of your property?
In the episode I’ll talk about the importance of holding on to your property through times like this, waiting for the boom. Capital growth is the number one priority. Concentrate on that when you’re analyzing your property; try not to ge distracted by fluctuating rent.
Check out the episode for more answers and examples. Share it with your friend if you reckon it’s helpful.
Regards,
Kevin Young