Hi to all,
I thought I’d start a new topic since I was introduced to this by a real estate agent. When showing me some properties for investment purposes, he mentioned to me to put on the offer the following,
“Subject to a tenant in place”I loved the concept and put it down. Later I went to another agent who didn’t like that at all. I’ve realised that in some places it can work and in other places, it will never work. Has anyone heard or used this concept before and if so, what do you think.
Anyone else who hasn’t heard or used this clause before, please feel free to add your input to this topic.
Kind Regards,
George.“If You never never ask, you’ll never never know”
I think it is adding a level of complication to the contract that will only serve to lessen the attractiveness of your already low offer.
Tenants aren’t difficult to find.
If you think they are difficult to find for the specific property or location then I suggest it might not be an ideal buy.
Hope this makes sense.
Cheers,
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
thanks for the words of wisdom
“If You never never ask, you’ll never never know”
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