Caroline Edson replied to the topic Help please, I dont know what to do about my investment property in the forum Hi Debbie, Have you 13 years, 6 months ago
Hi Debbie, Have you considered selling the property as a rent to own & taking it off the market? I only ask as this may be a way to get the price you require for the home. By allowing someone in the home time to get themselves sorted to go to the bank may give you a wider target audience for selling your home. Further to this depending on how…[Read more]
Caroline Edson replied to the topic tenant delaying final inspection in the forum Help Needed! 13 years, 7 months ago
cindyc244 wrote:
Hello we have a tenant who has been, shall we say, challenging from the day they moved in. Her lease expires on 28 may this year. (Saturday) but following a tribunal hearing she was given the option of ending it early in writing, which she chose to take. She gave her final day day as Monday 23rd, then went on to say as the…[Read more]Caroline Edson replied to the topic Investing in low income areas in the forum Creative Investing 13 years, 7 months ago
We have previously invested in low income areas & will no doubt again. A lot of the areas everyone has indicated are great places to look at. My only comment would be is to clarify through searches that whilst the area may be low income it isn't due to a high unemployment rate. You want to have any investment property to obviously have te…[Read more]
Caroline Edson replied to the topic Wording a contract for the purchase of an option! in the forum Creative Investing 13 years, 7 months ago
Hi Bell,Can't agree with Terry & Paul more. You MUST have this drawn up correctly for your protection.You will require an Option Agreement or a Licence to Occupy, RTA lease form 18a, current residential contract (for unit under body corp specific). There will be other paperwork as well to put in place & it is imperative that you get it r…[Read more]