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Thread: Property with tenancy.

  1. #1
    Join Date
    Jan 2009
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    5

    Default Property with tenancy.

    I see there are several properties that are advertised with tenancy.

    Would this be a good deal?

    Afterall, it would seem reasonable that the rental will pay for the mortage until the end of the agreement.

    Is this a naive way to look at it, or is there any loop holes to look out for?

  2. #2
    Join Date
    Apr 2010
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    15,307

    Default

    Quote Originally Posted by Crow
    I see there are several properties that are advertised with tenancy.

    Would this be a good deal?

    Afterall, it would seem reasonable that the rental will pay for the mortage until the end of the agreement.

    Is this a naive way to look at it, or is there any loop holes to look out for?
    just make sure the rental is at market rate and u r not paying more den current asking price

    dun be fooled by some exceptionally high rental...tenant can break lease easily...just forfeit the 2mths deposit u aso LL

  3. #3
    Join Date
    May 2008
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    9,279

    Default

    yes, there are some really high rental rates advertised which u know is not sustainable. make sure the market rates in the area are similar. Also, there are currently leases which were locked in in 2008 and expiring this year where rental is still relatively high and may not be able to be sustained this year. Contracts which start in 2009 and expiring next year would be more realistic for sustainable rental guidance.



    Quote Originally Posted by devilplate
    just make sure the rental is at market rate and u r not paying more den current asking price

    dun be fooled by some exceptionally high rental...tenant can break lease easily...just forfeit the 2mths deposit u aso LL

  4. #4
    Join Date
    Jan 2009
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    5

    Default

    Thanks for the advice, bros.

  5. #5
    Join Date
    Aug 2008
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    218

    Default Bad advice

    Yeah thanks for the lousy advice! Pay no attention.

  6. #6
    Join Date
    Apr 2010
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    Default

    Quote Originally Posted by Alan Shearer
    Yeah thanks for the lousy advice! Pay no attention.
    trying to be funny?

  7. #7
    Join Date
    May 2008
    Posts
    9,279

    Default

    what would be your advise then?

    Quote Originally Posted by Alan Shearer
    Yeah thanks for the lousy advice! Pay no attention.

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