Frequently Asked Question’s about Rooming House Investing.

 

How much money do I need to invest in a rooming house property?

Due to our ability to partner with the leaders in Fractional Investing in Australia, we can get you started from as little as $25,000! But if you want to have 100% ownership we can still get you in for under $250,000 equity for one of our 5 room builds. And with interest rates at all time lows, it’s never been easier.

Can I buy/build anywhere I want?

Under current regulations and legislation across the different state and territories, we have been very selective in only offering our services in Victoria. We cover all of the Greater Melbourne area and into Ballarat, Bendigo. But if you want to look further afield, lets chat!

UPDATE: We now cover the Greater Brisbane area too! With the market on fire in Brisbane it just made sense to offer services in our second home.

The figures seem too good to be true. Whats the real ROI?

The biggest question I get from my clients is “What’s the catch?” The numbers are so good, and we have all been taught if it looks too good to be true it probably is. Well the numbers are real and we have case studies to prove it! Dependent on what we build and where, you can expect anywhere between 7 - 15% net yield (EBITDA).

 

Whats the process? Where do I even start?

It all begins with a phone call or an email, then sit back and let me do the rest. I offer an end to end service which incorporates education, finance, site selection, builder appointment and property management appointment. I can do it all, or just do the build. Its 100% your decision on how much input you require from FD Property Group.

Do people really want to live in rooming houses?

Yes! In fact rooming houses have always been a favoured type of accommodation as far back as pre-Roman Empire times. A study we conducted in 2019 showed we had a true representation of the society with everything from tradies to doctors, real estate agents to vets, truck drivers to nurses. Not to mention a few students. The growing demographic is definitely over 55s who are recently divorced or widowed, or just downsizing.

Can you manage the tenancy’s and landlord’s side of things for me?

I can’t, I am not a property management specialist. But I do have a group I would be referring you to use who specialise in managing rooming houses. They are so good at it and so confident in my product they will even offer my clients who build new a rental guarantee so your revenue is secured. Of course, this is only a recommendation and you are free to use whomever you like.

Want to know if a Rooming House is the right investment for you and your budget?

We’re happy to talk you through your options based on your budget, area and potential loan capacity, so you can make a really informed decision as to whether Rooming House Investing is right for you. Please get in touch today, for an obligation free consultation with one of our expert team.