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  1. W

    Artifically increasing the rent

    Ok... I suppose my question should have been "For somebody who looks at a house and does their DD on that house compared to others they have looked at, would anybody think "gee, that house is $50K more than the others of similar quality but the rent is $150 a week higher. I'll buy it." I just...
  2. W

    Artifically increasing the rent

    I would be interested to know if ANY residential landlord was swayed in their decision to buy a house due to the rental achieved? It is something I would not consider at all. I look at the house itself, the area, how it compares to other houses I know, already own, or have looked at. If that...
  3. W

    Artifically increasing the rent

    Like jim1964 says, we clearly are honest property investors whilst it seems very clear you are nothing of the sort. And you take a swipe at a "bunch of property investors" like we somehow are some species you would find under a rock. Pffft!!! I know which type of person I would rather be...
  4. W

    Artifically increasing the rent

    Heck... why stop at $150 per week. Why not give the current tenant $20K and inflate the weekly rent to $1500 per week. You could probably sell it for $200K more than it is worth :rolleyes:. You'll have 'em lining up round the block.
  5. W

    Artifically increasing the rent

    That sentence gives your game away :rolleyes:.
  6. W

    Artifically increasing the rent

    You are making some big assumptions in this quote above. What sort of agent will not know how much rent you are getting? Of course, an agent will know what rent you are getting. You "might" happen upon an unsuspecting buyer who has done no research who will pay you over the asking price...
  7. W

    Artifically increasing the rent

    But purchasers look at value of property and comparable sales, not what it is rented for. If it is worth more then why are you not charging more now. If not, why try to be dodgy? That goes for cheap and expensive properties. People are not silly enough to fall for that, especially those looking...
  8. W

    Artifically increasing the rent

    Why would any purchaser not think the rent is way too high and smell a rat? And what if you pay your tenant $10K and he skips? I cannot see many people fooled into thinking your house is worth an extra $30K or more based on an inflated weekly rental amount.
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