Is there anyting you can to to increace the value of your existing property? Have you asked your tennants if there is anyting you could provide for them that they would be willing to pay more rent to have? How about some fresh paint, fan, heaters, air con, landscaping, stenciled driveway…
To increase your income ask the question…[Read more]
You can ask the vendor to accept say 80% of the money today and pay the other 20% off over an agreed time period. You can offer to pay him/her what ever interest rate you like, (0% sounds good to me, it depends how motivated they are to sell).
Remember everything is negociable[^] even in a hot market.
If you have not already done so, get your…[Read more]
What are you aiming for here, posative cashflow or capital gain?
If posative cashflow, how long is the current lease? Have you asked the tenant what his/her plans are? Are there many rental properties availavle in the area?
If capital gain, what is happening in the area? Developments? What is the council up to? Is the population…[Read more]