Latest / Aus Property Mastery with PK
How to DOUBLE your Rental Income! Pros & Cons of Rooming Strategy in Australia
In this episode, I discuss rooming houses as an investment strategy. This is a trend that is growing in popularity, with the hope that it will increase cash flow and rental income. Throughout the episode, I breakdown the truths surrounding this unique strategy and outline its main advantages & disadvantages! Discussion Points: 00:00 Introduction 1:05 What are rooming houses 3:05 Much higher rental yield 3:45 Very common in the UK, trend starting in Australia 5:02 Strict council requirements 7:02 PM costs are 10-15%+ 8:01 Higher ongoing costs due to higher maintenance costs, utilities…
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