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  1. W

    struggling renting an IP out; qld

    Just looking at other listings and noticed a house in a street we have an IP was asking $520 back in April and now they are asking $465 per week. This is a very unusual thing, these large drops. I do believe low interest rates mean more people can see that they can buy for the same money as...
  2. W

    struggling renting an IP out; qld

    Found some tenants. Great references, passed checks with flying colours. Had to decide whether to allow them a few weeks or let them go. We chose to grab them with both hands :). This is probably the only time we have ever had a house empty for more than two weeks and I've been doing this for...
  3. W

    struggling renting an IP out; qld

    Peak time for our areas is January/February and demand for houses in school catchments helps them rent quickly at this time. We end all our leases in January or February. I'm thinking we scored higher rent than we should have got due to the circumstances and needs of the family who rented it...
  4. W

    struggling renting an IP out; qld

    We are having trouble inner south side (Balmoral, Morningside, Bulimba area without being too specific). Were getting $615 per week but realise now that the tenants went in at $590 which seemed easy at the time. The house was positioned to suit their needs, they had their own rental, trying to...
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