At current rental yields there really isn’t very much rent left when you take maintenance, voids, interest and taxes into account.
No, not immediately but rents go up over time too. Obviously recent tax changes and interest rate rises make it far less attractive but residential property done carefully remains a sensible thing if that’s what you fancy.
No, not immediately but rents go up over time too. Obviously recent tax changes and interest rate rises make it far less attractive but residential property done carefully remains a sensible thing if that’s what you fancy.