PPH83 replied to the topic Ideal tenant looking for 10 year lease in Perth (investor to purchase) in the forum Creative Investing 2 years, 9 months ago
Thanks Steve,
As mentioned, we would be willing to look at what might work on the numbers so what I outlined was a starter for discussion. Also putting $50k into the deposit would provide the investor with more leverage not to mention the guaranteed rent increases. I also think we could reduce many of the costs to the investor like property m…[Read more]
PPH83 replied to the topic Ideal tenant looking for 10 year lease in Perth (investor to purchase) in the forum Creative Investing 2 years, 9 months ago
Hi Steve,
Good point, I neglected to provide an indication of that. I would envisage a property from around $1.1-$1.3 Million. As mentioned in OP, flexible on terms to make a deal work. Would like to work with an investor/investors towards an outcome all parties would be happy with.
Thanks
PPH83 started the topic Ideal tenant looking for 10 year lease in Perth (investor to purchase) in the forum Creative Investing 2 years, 9 months ago
Hi all,
Not sure if this is the correct place to post this, but I am looking for an investor who would buy a property for my family to lease in Perth for a fixed 10 year term. Proposed terms below:
THE OFFER
1) Would pay market rental with guaranteed 2% rental increase annually. Monthly rent budget up to $6,000/month.
2) Would contribute $50K…[Read more]
PPH83 became a registered member 2 years, 9 months ago