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  1. BayView

    Rents Falling!

    Haven't followed this thread too closely, but thought I'd give you my view from my corner; Talked to a new PM for two of our properties out west (W.A) a few days ago. It turns out that one of the properties, which is currently at $285 p/w should be at at least $320 p/w depending on the...
  2. BayView

    Rents Falling!

    While you are within your rights to do it, if they are good tenants then this will be seen as a tad unfair. It may be more diplomatic to get the PM to inform them that the rent needs to increase by $60 p/w, but that you will phase it in over the next two leases. They will be more receptive...
  3. BayView

    Rents Falling!

    This is indicative of the overall theory that you are better off to be buying IP's in the lower 3rd of price range generally (as per Jan Somers and Marg Lomas). I happen to agree with this. There are way more renters at the lower end, and way more buyers at the lower end. Thus, for...
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