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  • Profile photo of tehapaitehapai
    Participant
    @tehapai
    Join Date: 2006
    Post Count: 2
    April 3, 2011 - 6:11 am

    Option 1 – ask what other properties are rented at to locals
    Option 2 – Reduce rental slightly until market picks up again
    Option 3 – what is your existing mortgage, work that out, then do a lease option (rent to buy) to see if you can help someone come in and own your home, this could end up being a better option as will be helping someone own their first home, plus get cashflow, plus potential of home being sold down the track, and if it doesn’t, just put it back on the market and do it again

    Profile photo of tehapaitehapai
    Participant
    @tehapai
    Join Date: 2006
    Post Count: 2
    November 13, 2006 - 11:51 pm

    Hi Dee
    From my experience one property is not very negotiable, but you can still try to negotiate with the agent on the fees such as 8% total including all fees, not 8% plus fees.

    PS: May I ask why you have invested in a negative geared property?

    Dee also

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