With the growing need for our elderly to “bunk in together” to survive, I urge any current investor or potential investor to think about their long-term investment goals in terms of more than just financial rewards.
For my husband and I it was a no-brainer. Our latest investment property in the Bay of Plenty is one level, four bedrooms and close to amenities. We have elderly tenants in a flatting situation. Rent comes in on time and the house is being looked after. We are getting a good rental income and have tenants that will be there until they can’t.
We have recently upgraded insulation and heating in the property which has increased the internal temperature by 5 degrees. It’s not hard to be a good landlord and even easier to get good tenants.
By Karen Silby, Business Support Manager – LJ Hooker
I write for this magazine because you get out of life what you put into it
