All Topics / General Property / Is this a deal?

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  • Profile photo of xyzzyxyzzy
    Participant
    @xyzzy
    Join Date: 2003
    Post Count: 178

    A local resident has been told that their rental property is now on the market and that potential purchasers will be visiting so expect them and tidy the joint up!

    Asking price 95k (owner paid 65k two years ago) Current rent 130 a week and the tennants could pay “up to 150 a week” so thay didn’t have to move.

    Is this wrapable to the current tennants? How much “hurt money” would they need [no FHOG here]If not what should the purchase/rent be so that it can become a “deal”

    Advice please!

    email floral[at]tpg[dot]com[dot]au if you need more info!

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