Rental Property: highlight or hassle
I am noticing, however, what I call the “hassle factor”. In the past, you may have had abundant energy and received midnight calls about burst geysers and rogue DSTV aerials with a degree of equanimity. Now, these minor irritations can morph into monsters.
My own experience bears me out. I recently sold my two townhouses, purchased as an investment, because I was not as cash-positive as I had thought. With the increasing cost of
rates and levies, I had to recognise that the rental return did not warrant holding onto the properties.
A client I was chatting to this week had...
