Your First Cashflow Property Could Look Like This...
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I see no fireextinguiser, no signs where to go in case of emergency: this is a dangerous situation, where you as the propertyowner are fully responsible if things really go wrong.
Insurancecompagny won't pay. You should look at the risks also, not only on cashflow.
For example: when the staircase is on fire: how should your student escape? No facilities for that.
Chessnha 2 years ago
NOP=1200*12=14400/yr
ARV=180K => yield=8%
Not very spectacular, while the risk are tremandous: students are ruin your house within two years.
Chessnha 2 years ago
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Ainsleyxfhgh 2 years ago