Recent content by memphis2009

I'll see what the rental market is like in 12 months time. But I'm definitely going to do some research next time with other agents before renewing with the current agent.

Again, I have had to suspend my mortgage repayments because of the rent issue so I was very desperate to get a tenant in. Although below market, it actually covers my monthly repayments so I'm happy with that for the moment. (Don't wanna get too greedy just yet :)) Well I'm going to give the...

Well to cut a long story short, the existing tenants have refused to pay rent since the 5th September but thankfully I've managed to get rid of them on the 28th September (2 days ago). So I guess I was pressured to get somebody in there asap. Also according to the agent, there are too many...

You're supposed to give tenants at least 24 hr prior notice before going to the premise. And the usual way to give notice is through the agent. But yeah like others have suggested, a letter is probably the best way.

Again, as I have explained, it's not that I don't trust him, it's that the situation seemed a little unusual to me. I don't know of many people that would waltz into a real estate agent, put down 2 months rent worth of bond and simply say "get me a place for $300 p/w". I am new to investing...

Hehe, spoken like a pro :)

Yes you are right I need to trust him to do the right thing, but I just can't help wonder why a tenant will: a) Already have paid the bond b) Be willing to move in asap (Wednesday which is 2 days from now) but not have worked out how much he is willing to pay in rent??? All I know is...

Yeah the agent just called me and said he'll send me a copy of the lease. You don't suppose he may give me a 'modified' version?

Yeah I would if I had his number. Hmmm, just need a way to get his contacts without the agent knowing :) The agent is going to give me a copy of the tenancy agreement, but still, he could dummy one up and give me a 'fake' agreement couldn't he? I know that would be highly illegal, but still...

Hi guys, I've just rented out my apartment for $310 p/w. Trouble is, I'm a little suspicious about the agent who's helping me lease it out is not passing on the full rent to me. He initially told me that he's got a tenant who wants it at $300 a week and tried to rush me into agreeing to...