Rental Property

[ands]

My girlfriends parents have been screwed over 2 times in about 8 months from bad tenants, they don't pay the rent and the agent does next to nothing to make them pay. When the tenants finally do leave her parents have lost weeks of rent and the tenants flog light fittings. The insurance company and police were trying to tell them it is wear and tear. Now their premium will go up because of their record. Doesn't seem like the agent is doing much of a background check on these tenants!

 

[Krusty the Klown]

Sounds like a good reason to look/interview for a new agent!!!!!

 

[Gunlom]

Tell them to get a new Property Agent...

there are good ones out there,

Treat it like a job interview, (where you are the employer), Have a some questions for them, interview at least 3, make them work to get your business. And stay on top of any agent, till you build up a level of trust in them.

 

[noirua]

Some UK rental prices to compare: https://www.zoopla.co.uk/discover/f...il&utm_campaign=weekender-homeowners-20220305

 

[Value Collector]

Some UK rental prices to compare: https://www.zoopla.co.uk/discover/f...il&utm_campaign=weekender-homeowners-20220305
View attachment 138637

For comparison,

This is what £746 / month gets you in Brisbane, it’s quite nice, there are 11 photos if you tap on yet first one.

https://www.realestate.com.au/property/unit-2-17-frenchs-rd-petrie-qld-4502

 

[noirua]

For comparison,

This is what £746 / month gets you in Brisbane, it’s quite nice, there are 11 photos if you tap on yet first one.

https://www.realestate.com.au/property/unit-2-17-frenchs-rd-petrie-qld-4502[/

That price looks very low. Very good for a first time buyer. Mind you the Aussie is appreciating quite quickly against the GB£ and improving against the US$.

 

[Value Collector]

That price looks very low. Very good for a first time buyer. Mind you the Aussie is appreciating quite quickly against the GB£ and improving against the US$.

It’s not for sale, it rents for $310 / week, it’s a 1 bedroom unit (the are two units in the property, similar to the UK ones you linked)

 

[noirua]

It’s not for sale, it rents for $310 / week, it’s a 1 bedroom unit (the are two units in the property, similar to the UK ones you linked)

OK - somehow I misread that one - thanks.

 

[tech/a]

On a personal note we have a 5 bedroom property in Sellicks beach in Adelaide
Amazingly bought as a distressed sale 3 years ago at $470k
Tenements moved closer to Adelaide so was being rented at $350/week current applications to $560 a week
Property valued at High 600ks

 

[Value Collector]

On a personal note we have a 5 bedroom property in Sellicks beach in Adelaide
Amazingly bought as a distressed sale 3 years ago at $470k
Tenements moved closer to Adelaide so was being rented at $350/week current applications to $560 a week
Property valued at High 600ks

Nice.

That one I linked above is a two unit property the 1 bed rents for $310, the 3 bed at the front rents for $390, I am not sure what it would be worth to buy.