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  1. hobo-jo

    Rent Discount

    What I found on two real estate agents contracts was a clause that essentially said, what you are signing is legally binding and if you are accepted and then not prepared to go through with the agreement that the agency may charge you with costs to re-let/advertise...next page they had a comment...
  2. hobo-jo

    Rent Discount

    Coastal/western suburbs. Found a place, $5 off asking price, nice little place, paid bond today. Privately rented instead of through an agent. Love it, hate dealing with agents. Would have been interesting to get some real lowballs in before I got this place just to see what the response...
  3. hobo-jo

    Rent Discount

    IMO it's pretty nuts to be holding an asset that costs you money to hold considering the current global conditions (and low chance of short term CG), but each to their own. You are making a big assumption saying that the LL is in a cash loss position. I know the particular place I'm looking at...
  4. hobo-jo

    Rent Discount

    There is a couple on the radar, I certainly do not have my heart set on a particular place, I just need somewhere that is under x amount to rent, is less than x distance from the amenities we want and will be large enough for our belongings. It's a rental, not a property I'm looking to buy and...
  5. hobo-jo

    Rent Discount

    I'm not sure many tenants would think about how to get a rent reduction, I'm sure most just pay whats asked because they think that's the done thing. I know of a few people that have had increases and they complain about it, but do nothing about it. I've suggested they counter offer the LLs...
  6. hobo-jo

    Rent Discount

    Great post Rob, can really see where you are coming from there. Can I ask do you rent out the properties yourself or through an agent? Would love to be in a situation where I can talk directly with the landlord to better gauge their situation and objectives, but given this place has an agent...
  7. hobo-jo

    Rent Discount

    I guess if there was a loan on the property it could go into the offset account (assuming the LL had one) reducing the interest paid over the period or maybe it's just the cash injection needed to buy the next one. Your entitled to your opinion, but I find the whole "what do I do with a lump...
  8. hobo-jo

    Rent Discount

    Thanks for the feedback so far! Interesting that you would consider it a stunt. It's simply an offer, which seems to be quite common in the sale side of property, so curious as to how common it is on the rental side. We will be offering to provide documents showing mortgage payments (on time...
  9. hobo-jo

    Rent Discount

    My partner and I will soon be back renting after the sale of our property. We've found a unit we would like to rent. The asking rent is $250pw. I am considering making an offer of $230pw with rent paid 3 months in advance. The rent has already been dropped by $10 (advertised price was...
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