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From: Miakat .
Hi all,
I have a question which came to me as I was reading through the forum today, and one which is close to my heart at the moment.
If a property has the potential for high yields (~15%) is it valid for the vendor to expect a higher price for the property? I mean a house is just a house isn't it? Should I base the price I'm willing to pay on land content and building content alone or should I make some concession for the high yield?
I don't want to pay too much just because I can get great rent, if you know what I mean..
I hope you can help as I'm a little stressed out at the moment.
Thanks all,
Miakat
Hi all,
I have a question which came to me as I was reading through the forum today, and one which is close to my heart at the moment.
If a property has the potential for high yields (~15%) is it valid for the vendor to expect a higher price for the property? I mean a house is just a house isn't it? Should I base the price I'm willing to pay on land content and building content alone or should I make some concession for the high yield?
I don't want to pay too much just because I can get great rent, if you know what I mean..
I hope you can help as I'm a little stressed out at the moment.
Thanks all,
Miakat
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