Should You Buy A Display Home?

Aus Property Mastery with PK · Feb 20, 2023 · 14m

Should You Buy A Display Home? ⚖️ Sounds tempting right? They look so GOOOOD 😍 In this episode we discuss the PRO's & CON's: Pros: inflated rent, better fixtures and fittings, restored property at handover Cons: overcapitalisation, sell above market value (rent baked in), LVR is max 20%, market rent may be very poor, builder goes bust then no rent, poor land to asset ratio, higher insurance cost AND MORE! Discussion Points: 00:00: Introduction 01:48: What is a display home? 02:31: The positives 04:34: The negatives 04:48: Over-capitalisation 06:14: Selling above market-value 07:10: LVR 08:05…