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'Our DHA properties are the pinnacle of our financial independence.'

By DHA

Promoted by DHA

Rhonda and David are long time investors with Defence Housing Australia (DHA).

They’ve been happily married for nearly 30 years and they live in beautiful Ballina NSW. ‘I’ve lived up on the North Coast for the last 14 years’, says Rhonda. ‘David and I work in the horticultural industry. We have an export palm nursery. We love the industry because it’s outdoors and environmentally friendly.’

‘We started out with DHA about 23 years ago when we paid off our first house. We wanted to get an investment’, says Rhonda.

They initially built a property to DHA specifications and leased that to DHA. Once that property’s lease ended, they bought a mid-lease DHA property. Rhonda and David’s strategy with DHA is this: once the lease expires they sell the property and buy another DHA property. This is because they don’t want the hassle of renting the property out privately or through another property manager—they want to stay with DHA management and their tenants.

And it’s certainly worked for them. ‘We’ve had four DHA properties, two in Nowra and two in Brisbane. It was the pinnacle of how we got our financial independence’, explains Rhonda.

David and Rhonda’s experience with DHA has been extremely positive. They love the ‘set and forget’ nature of a DHA investment, the guaranteed rent and the fact that DHA takes care of maintenance.

‘We love the fact that with DHA it didn’t matter whether the house was occupied or not, you always get your rent’, says Rhonda.

They have never inspected their current property. They feel that DHA really takes care of it and they trust DHA’s judgment.

Rhonda could not emphasise enough how effortless the whole DHA experience has been, and at the end of the lease, they have a property they can sell.

In comparison, their private property investment has had ongoing troubles, with finding new tenants and losing money during the tenant turn-around process. The returns have not been worth it.

They are looking for another DHA property and are considering selling their private investment and replacing it with DHA.

DHA has helped them achieve financial stability, allowing them to grow their business, travel around the world and enjoy life. Because they’ve always had property and an investment strategy, this way of thinking has rubbed off on their children.

‘If anybody asked me whether they should buy a DHA house I would say absolutely. Without DHA, we would not be living up here in Ballina overlooking the beautiful ocean.’

Learn more about investing with DHA.

Disclaimer

Attention: All information contained in this article is for general information only and prospective investors should seek independent advice. Investment is subject to DHA’s lease terms and conditions of sale. Investors retain some responsibilities and risks, i.e. rent, restoration and market fluctuations. The opinions expressed in this testimonial reflect the experience of this investor as at 8 June 2016.

 

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podcast

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Many investors who would have been successfully approved for finance last year are struggling now to either begin or continue their property investment journey because of the current financial climate.

In this episode of the Smart Property Investment Show, broker John Manciamelli and Momentum Media director Alex Whitlock joins host Tim Neary to discuss how APRA changes and the royal commission have resulted in a tighter lending economy and what that means for Australian investors.

They discuss what traps investors should avoid if they are trying to obtain finance, the four key growth drivers in a property market and unpacking trust structures while revealing one type of trust that you should miss.

If you like this episode, show your support by rating us or leaving a review on iTunes (The Smart Property Investment Show) and by following Smart Property Investment on social media: FacebookTwitter and LinkedIn.

If you have any questions about what you heard today, any topics of interest you have in mind, or if you’d like to lend your voice to the show, email [email protected] for more insights!

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When buying property, it’s important to focus on what’s important. Investor Katarina Taurian shares just what exactly is important to her: having the mindset of looking past superficial cosmetic matters and homing in on the structural suitability and potential of a property.

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In this episode of the Smart Property Investment Show, Katarina joins host Tim Neary to unpack her entry into the property market and experiences of rentvesting, and how the Smart Property Investment Show was vital  in a number of decisions which she made along the way.

Katarina discusses about the team that she had help her along the way, why she thinks that you should never skimp on a good solicitor and accountant, and the red flags which tell her why buying a new property doesn’t necessarily mean buying a better property.

If you like this episode, show your support by rating us or leaving a review on iTunes (The Smart Property Investment Show) and by following Smart Property Investment on social media: FacebookTwitter and LinkedIn.

If you have any questions about what you heard today, any topics of interest you have in mind, or if you’d like to lend your voice to the show, email [email protected] for more insights!

RELATED AREAS OF INTEREST:

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Media hype would have you believe that the Australian property market is in dire circumstances at the moment and that there is no money to be made.  But is that really the case?

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In this episode of the Smart Property Investment Show, regular guests Steve and Victor of Right Property Group join host Phil Tarrant to discuss the current state of the Australian property market as it is portrayed in the media, and analyse if things are as dire as we are being led to believe.

They will compare regional markets with capital cities as investment options, reveal some areas which they consider to be poor investments at the moment while also discussing some of the markets where they see future potential.

If you like this episode, show your support by rating us or leaving a review on iTunes (The Smart Property Investment Show) and by following Smart Property Investment on social media: FacebookTwitter and LinkedIn.

If you have any questions about what you heard today, any topics of interest you have in mind, or if you’d like to lend your voice to the show, email [email protected] for more insights!

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AREAS MENTIONED: 

Hobart
Sydney
Perth
Brisbane
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Cambridge Park
Geelong
Wollongong
Melbourne
Newcastle
Orange
Dubbo
Bathurst
Armidale
Bendigo
Cairns
Ipswich
Emerald
Port Hedland
Surfers Paradise

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Busting perceptions of a doom and gloom property market

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