Hi everyone.
I have just been informed that my tenants want a 2 year lease on the property.
what is the best way to negotiate a price?
It is currently leased for $400, but houses that are similiar are now asking $450.
when we leased it out we were struggling to get $400,but now the markets picked up.
can i put it up to $450 and then how do i negotiate a price for the 2nd year.
this property is negatively geared so any extra dollars would help.
any advice would be appreciated.
I have just been informed that my tenants want a 2 year lease on the property.
what is the best way to negotiate a price?
It is currently leased for $400, but houses that are similiar are now asking $450.
when we leased it out we were struggling to get $400,but now the markets picked up.
can i put it up to $450 and then how do i negotiate a price for the 2nd year.
this property is negatively geared so any extra dollars would help.
any advice would be appreciated.