Am in the process of getting my third IP. We were really excited after we made the offer and it was accepted. All the numbers worked. But then first my partner started having anxiety attacks. Will anyone want to live in our rental, will everyone in town move out and they'll be no one to rent our place, will everyone hate the place etc etc. I told him to shut up and of course it'll be OK.
Obviously he made me get jittery, because I couldn't get a decent nights sleep for 2 days. I had this dream of me standing over me sleeping, "why did you buy a house in that town, what a stupid thing to do. No one's going to want to live there, you're gonna have to fork out the mortgage payments yourself. Have you gone barmy, what were you thinking, you're asking too much for rent"
We both woke up this morning and said, right, we're lowering the rent.
I got so uptight, advertised with the RE agent, on the internet, 2 free rags and 2 different local papers. Whew, the first paper came out today and we're starting to get calls. One of them, a young couple, have already done a drive-by tonight and rang back and said they love it, they're really interested. We're meeting them up there day after settlement, along with another guy who's place is getting sold. We're breathing easier now, but this always happens to us and we've had absoluately no problems renting them out.
Are we going nuts. Do other people get the jitters about renting their properties out. I know it's really stupid, but we just can't help it.
Cheers
QB
Obviously he made me get jittery, because I couldn't get a decent nights sleep for 2 days. I had this dream of me standing over me sleeping, "why did you buy a house in that town, what a stupid thing to do. No one's going to want to live there, you're gonna have to fork out the mortgage payments yourself. Have you gone barmy, what were you thinking, you're asking too much for rent"
We both woke up this morning and said, right, we're lowering the rent.
I got so uptight, advertised with the RE agent, on the internet, 2 free rags and 2 different local papers. Whew, the first paper came out today and we're starting to get calls. One of them, a young couple, have already done a drive-by tonight and rang back and said they love it, they're really interested. We're meeting them up there day after settlement, along with another guy who's place is getting sold. We're breathing easier now, but this always happens to us and we've had absoluately no problems renting them out.
Are we going nuts. Do other people get the jitters about renting their properties out. I know it's really stupid, but we just can't help it.
Cheers
QB