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  1. D

    How should i go about it?

    D.T. - Wrong thread? ;) Willair - I think i understand what you are saying, thanks. Ed Barton - You misunderstood what i said. What i meant was my lost rental income was my tuition fees. ;) Sez & MIW - Much appreciate your advice. My rental appraisal was $500pw from my PM, and was...
  2. D

    How should i go about it?

    And you aren't reading properly. Again, I am exploring switching agents and whatever possibilities I may have, which I have found from responses here to be not much. 2 mths before lease ends seems like the only time I could renegotiate. Comes down to reading again! The terms and conditions...
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    How should i go about it?

    Mate, I think i have paid my tuition fees on this topic ;)
  4. D

    How should i go about it?

    Something I will remember for next time. This is where i felt my PM was really average , as there was no real advice like this. I suggested including a 6mths rent review clause but was advised against it.
  5. D

    How should i go about it?

    I don't see anything wrong or ridiculous about that, IF there are provisions for the landlord to legitimately do so. My original post stated my position and what I intend to do about it and will take all the advise and suggestions on board. Wow this thread is a winner at getting responses...
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    How should i go about it?

    Thanks everyone for advice and opinions ;) As I said I am still learning so everything helps. Without answering everyone individually and theres no need to, I admit I was rash and accepted what the property manager presented to me at the time while I was at work. I wanted it leased asap and...
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    How should i go about it?

    Terry W - Now, I did not say the below market rent was the sole reason I am contemplating changing agencies did I? Even though a higher rent would be something I would like to achieve as I believe it's currently well below market rent, but only if I do go down the path of using a different...
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    How should i go about it?

    Thanks for the advice. Rental was initially advertised at $500pw, then the original agent quit after a week, with the new agent lowering rent to $480pw, then 2 weeks later another agent from the same agency took over at $450pw, and finally $430pw before I got an applicant asking $400pw which I...
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    How should i go about it?

    I don't think i said the agent was at fault or did it imply that when i said i was unhappy with a few things? I clearly said i was frustrated over a number of things and wanted the property rented asap at the time.
  10. D

    How should i go about it?

    A lot of questions? All i am asking is if i could change agents and have a new lease presented to tenants with increased rent and new terms. Or wait out the lease which i think you answered. What basic aspects are you exactly referring to? Reading the lease documents? I started investing...
  11. D

    How should i go about it?

    Hey everyone, i had a brand new property tenanted for $400pw couple of months ago which is well below market rent in the area (median $420-$430pw). I advertised for more than $430pw but after 8 weeks sitting empty i took an offer of $400pw. The market has had an increase in supply and it was...
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