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  • Profile photo of laughing Maxlaughing Max
    Member
    @laughing-max
    Join Date: 2006
    Post Count: 6
    July 5, 2006 - 10:08 am

    Thanks for asking this question. Whilst I cannot shed any light on an answer for you I too appreciate the information given as I didn’t understand how to invest this way.
    cheers
    [biggrin]

    Laughing Max

    Profile photo of laughing Maxlaughing Max
    Member
    @laughing-max
    Join Date: 2006
    Post Count: 6
    June 29, 2006 - 11:25 pm

    Hi,

    With the IP I have the rents go up periodically on the advice from my property managers. It can be 6months or 12months depending on certain things such as improving your property to make the tennant more comfortable. Personally my properties tend to have the same tennants in them that I had when I purchased them and whilst I know I’m very fortunate I try to give them little thank yous at the end of each yr such as movie tickets, a box of chocolates etc.

    Good luck with your investments,
    [thumbsupanim]

    Laughing Max

    Profile photo of laughing Maxlaughing Max
    Member
    @laughing-max
    Join Date: 2006
    Post Count: 6
    June 4, 2006 - 6:42 am

    Hi MK,
    I let my Property Manager handle my properties when I first buy them. He does a stringent test including a police check, past tenancy Aust. check & a couple of reference checks. So far I’ve been most impressed – maybe lucky but we’ve not had a tennant leave any of our properties over the past 3 years.
    Laughing Max[exhappy]

    Laughing Max

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