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Had a message from RE that lease on one of the properties was expiring and probably time to put up the rent. Told RE will leave it in their hands but the tenant has been good and would rather keep them than lose them over a few extra dollars. Tenant signs new lease for a year with 50/week...

Even if interest rates drop to 1% there will always be those who rent for a number of different reasons. Here are some: 1) the idea of owing a lot of money (owing 300K against renting for 300 per week puts alot of people off. 2) job security 3) not wanting to be in one place for too...