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Why it's time to ask for a rent reduction
Topic Started: 8 Nov 2016, 12:25 PM (7,371 Views)
Jon Snow
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herbie
18 Nov 2016, 07:55 PM
Now ya just playin' hard ta get ... :)
Nah, I forgot to re-fill my Chlorpromazine script.
Speak when you are angry and you will make the best speech you will ever regret.
Ambrose Bierce
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Foxy
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Zero is coming...

herbie
18 Nov 2016, 02:15 PM
Musty: when you say better could you give a little detail?

Like what is the triple net yield??


Nope.

But do feel free ta tell us all about yours by all means.

Includin' just how much land tax has impacted 'em 'n why - As that could be MOST informative.

Ya've bin researchin' ya career prospects sellin' TVs door ta door ta us sub-urbanites then have ya Tezza?

Hmmm - Maybe I really should invest in one a them "No hawkers or canvassers" signs ta stick on me letterbox.
Triple net cuts away the bullshit.

Pardon the pun.

After all costs and before tax.

A bit like REVPAR

Peter
It is not just the reduction in rent and the empty, but the quality of the tenants has dropped...


https://au.news.yahoo.com/thewest/video/watch/33143329/perth-rental-home-trashed-owners-left-with-hefty-clean-up-bill/#page1
Edited by Foxy, 18 Nov 2016, 10:30 PM.
http://www.afr.com/content/dam/images/g/n/2/1/u/8/image.imgtype.afrArticleInline.620x0.png/1456285515560.png
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herbie
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Jon Snow
18 Nov 2016, 09:02 PM
Nah, I forgot to re-fill my Chlorpromazine script.
Ta have hiccups must be a terrible thing.
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
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Foxy
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Zero is coming...

Some say he is a living god,


http://www.themercury.com.au/realestate/vacancy-rates-dropped-again-in-the-past-month-but-we-reveal-the-capital-cities-with-the-most-rentals/news-story/3e26233e5f25ef7ef4409a8cb5654b1f


I call him Foxbat...


Rents were rising the fastest in Canberra where houses went up 9.3 per cent in the pat year and units 8 per cent.
Perth rents took the biggest dive with houses down 11 per cent on this time last year and unit down 10.7 per cent.
http://www.dailymail.co.uk/news/article-3918178/Tenants-hell-trash-Perth-house-eight-weeks-inspection-flee-thousands-dollars-unpaid-rent.html
Perth is the epicentre of landlord pain, with slow population growth and the end of the mining boom dampening demand for rental properties.

http://www.centralwesterndaily.com.au/story/4279490/why-its-time-to-ask-for-a-rent-reduction/


http://www.news.com.au/finance/real-estate/australias-property-market-is-overvalued-and-teetering-on-the-edge-of-a-dangerous-bubble/news-story/057960a9f86cf064eca02f9a1f86eb88
Edited by Foxy, 18 Nov 2016, 11:21 PM.
http://www.afr.com/content/dam/images/g/n/2/1/u/8/image.imgtype.afrArticleInline.620x0.png/1456285515560.png
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