Chronic Oversupply: Landlords hit by apartment glut and falling rental yields; Without rental growth or capital growth, the prospects for many investors are bleak
Tweet Topic Started: 21 Aug 2014, 10:18 PM (10,345 Views)
I have told my property manager that I am open to what the rental market says my joint is worth when selecting the next tenant.
This is champagne comedy right??!!!
If it is a real statement which is inducatjve of your mindset then I don't know where to begin hahahaha, literally the second stupidest thing I have ever heard!!!
If it is a real statement which is inducatjve of your mindset then I don't know where to begin hahahaha, literally the second stupidest thing I have ever heard!!!
No he is smart.
If you want a property reented meet the market.
I much prefer to keep my rents stable and keep good long term tenants, why raise rents $50 a week, lose the tenants then have to wait for a new tennant. Not worth it.
Always meet the market, in the end it just increases costs you can claim against other income from other properties or wages. Plus Melbourne is up 12% this year so I doubt many investors are concerned at present, Melbourne is basically booming in double digit price growth.
Of course it won't continue for too much longer. They brought it on too early this time, and they know it. Hence the talk/future action of MP. One of the major problems with melbourne is that nobody really knows the extent of offshore buying. Sure it takes place in selected areas but the flow on effect is felt almost everywhere.
I have told my property manager that I am open to what the rental market says my joint is worth when selecting the next tenant.
This is champagne comedy right??!!!
If it is a real statement which is inducatjve of your mindset then I don't know where to begin hahahaha, literally the second stupidest thing I have ever heard!!!
It bullshit isn't it. Bardon is a mike sock I think As if any landlord wouldn't be up to speed on their market, especially one that lives here so much. I think we are supposed to believe that he is so far ahead of the game little details like rent don't really matter. As if!
Shadow was hopelessly wrong about the Gold Bull Market. What else is he wrong about?
It bullshit isn't it. Bardon is a mike sock I think As if any landlord wouldn't be up to speed on their market, especially one that lives here so much. I think we are supposed to believe that he is so far ahead of the game little details like rent don't really matter. As if!
He's also implying he has control over what people will and won't pay, as if he could possibly get someone to pay over the market determination but will choose to 'allow' a tenant to pay market value. Bwahahahahahaha What a fucking joke, oh hang on he had an unsubstantiated women pay way over the odds previously so it must be true, he is the master of all tenants and will assert his control at will HAHAHAHAHA, what a waste of oxygen!!!
He's also implying he has control over what people will and won't pay, as if he could possibly get someone to pay over the market determination but will choose to 'allow' a tenant to pay market value. Bwahahahahahaha What a fucking joke, oh hang on he had an unsubstantiated women pay way over the odds previously so it must be true, he is the master of all tenants and will assert his control at will HAHAHAHAHA, what a waste of oxygen!!!
No. At some time in the past he asked too much and got lucky. It happens.
Dumb people don't know how to take a backward step when reality happens. Smarter people do.
The truth will set you free. But first, it will piss you off. --Gloria Steinem AREPS™
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