Thanks for the reply Dazzling,
We will be assessing the situation and this particular place to see whether it will in fact deliver the growth I hoped it would. Wouldn't be too happy enduring this kind of event on a regular basis. I shall keep you posted on the outcome. Looks like you've had some experiences like this Dazling when you were investing in IP's. Good move moving into commercial. I have a friend who has just had a commercial property re-valued. They bought it for 1M about two years ago, and the val came back at 1.5M. Now this is the type of race horse I'd like to own!!!
It sounds as if you are trying to unhitch as quickly as possible and hook up with another mule. Why not leave the mules alone, and hitch up to a racehorse. Better still, stop buying wagons that naturally attract mules, trade up to a carbon fibre racing sled, jump on and hitch up to a rocket....if ya get my drift.
Yes, good advice. I will certainly be assessing this particular purchase to see if it warrants our best interests for the long term. It was selected due to a major road being built which would connect the suburb to the city, with anticipated price growth to follow. This is actually coming to fruition now, so all is not in vein!
I like your idea though of hitching up to a rocket. Much better than hitching up to another Mule!! Food for thought.
Even though you are too busy to worry about her well being, it appears by the lack of decisions or delays by the tribunal decisions......they indeed care very much about her well being - enough to ignore all of your business objectives and postpone until her wellbeing improves. In the meantime, your furious pitbull PM and cashflow concerns can all go and whistle Dixie. No joy there as yet. BTW, is this pitbull the same one who selected her as the best tenant to go into your property in the first place ??
This is very worrying. Although I never expected the tribunal to be on our side. Our PM certainly didn't select this tenant. This was the work of a previous agency who we have well and truly ditched.
Don't get me wrong, I'm on your side with this all the way, but I know exactly what is the top priority in all of this shambles through the eyes of the residential tribunal members......and it surely ain't your property business objectives. Never is. Landlord's always seem to have this false expectation going into these matters that their cashflow and asset is somehow the highest priority. It is in their eyes of course, but the decision makers seem to be looking through a different set of eyes.
How many of these events can you sustain ??
Good luck in your endeavours jingo.
We will be assessing the situation and this particular place to see whether it will in fact deliver the growth I hoped it would. Wouldn't be too happy enduring this kind of event on a regular basis. I shall keep you posted on the outcome. Looks like you've had some experiences like this Dazling when you were investing in IP's. Good move moving into commercial. I have a friend who has just had a commercial property re-valued. They bought it for 1M about two years ago, and the val came back at 1.5M. Now this is the type of race horse I'd like to own!!!
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