Hi All,
Now before this gets shot down, let's assume all things as an investment property tick the box regardless of being either a DHA house or non-DHA house.
My question is - Are the 16.5% that DHA charge to manage a property that unreasonable taking note that there are nil vacancies, nil re-leases, new tenants, maintenance taken care of, etc.
In the last 6 months I have had a vacant unit for 3 weeks then had to pay the standard RE costs - first weeks rent, lease fees, and so on.
Also had a house vacant for 10 days, had to pay lawn mowing, first weeks rent, letting fees, and so on.
So if tenants are changing each 2 years on average, by my calculations the DHA arrangement stacks up OK. What am I missing? Would love to hear from people with experience having had a DHA house previously or still have one.
Looking at the security of a long term arrangement at the current low interest rates............
Thanks for any feedback
Now before this gets shot down, let's assume all things as an investment property tick the box regardless of being either a DHA house or non-DHA house.
My question is - Are the 16.5% that DHA charge to manage a property that unreasonable taking note that there are nil vacancies, nil re-leases, new tenants, maintenance taken care of, etc.
In the last 6 months I have had a vacant unit for 3 weeks then had to pay the standard RE costs - first weeks rent, lease fees, and so on.
Also had a house vacant for 10 days, had to pay lawn mowing, first weeks rent, letting fees, and so on.
So if tenants are changing each 2 years on average, by my calculations the DHA arrangement stacks up OK. What am I missing? Would love to hear from people with experience having had a DHA house previously or still have one.
Looking at the security of a long term arrangement at the current low interest rates............
Thanks for any feedback