The Truth About Residential Property
Here's a refreshing change: a book that demonstrates all the alleged tax benefits of property investment are either irrelevant or complete garbage, and that the tenant does not pay the mortgage, in most cases. Residential property investment is examined critically in this book, and typical rental situations are analysed in order to demonstrate the uncertainties and risks involved. Gearing and negative gearing are demystified, and real estate agents who pontificate about residential property investment are given the treatment. With one chapter discussing how to minimise the risks of investing in residential rental property - and another discussing alternative forms of investment - this is a 'must-read' for all persons considering investing in residential rental property, and for all existing property investors who are wondering what is going wrong!
- Paperback | 120 pages
- 138 x 215mm
- 15 Sep 2004
- Raupo Publishing (NZ) Ltd
- Auckland, New Zealand
About Duncan Balmer
Duncan Balmer works for the rural financial services company FMG as an investment adviser. He has many years' experience in the share-broking, financial planning and banking industries in New Zealand, and the share-broking industry in the UK. His previous books include The Investment Jungle (1998).