I’ve negotiated a 90 day settlement with the vendor. The vendor has accepted on the condition that she can rent the unit out before settlement. I’ve agreed to this on the condition that the rent is a minimum of $x p.w and that I have input into the selection of a suitable tenant.
I think it’s a positive thing (it means that a tenant will already be in place upon settlement, paying rent that I would have aimed for). Is there anything I’m missing here? Is there anything else I should consider?
Cheers
Jamie
I think it’s a positive thing (it means that a tenant will already be in place upon settlement, paying rent that I would have aimed for). Is there anything I’m missing here? Is there anything else I should consider?
Cheers
Jamie