We're about to move out of our PPR and have listed it for rent. Is a 3 bed unit in the Eastern Suburbs.
We've had one application for it and it is 2 girls and a guy with no rental history. They've all lived with their parents to date. They all have solid employment histories that have been verified by the agent.
Does this smell trouble? The agents manage the property that one of the girl's mum lives and said she's a good tenant that has been renting from them for years. I've asked that the mum be guarantor on the lease if we go ahead.
It sounds enticing to have tenants wanting to move in only 3 days after we leave and agreeing to the asking price, but wondering if I am being too hasty in saying yes (the agent is waiting for my call). I expect that the only other potential tenants around here will be groups of Asian students (not being far from UNSW) so is it worth waiting for more applicants which will be share accommodation? I will be getting landlord insurance regardless.
I look forward to your replies. BTW we probably won't be moving back in at any point but I guess it is more emotional when you live in a place when deciding on tenants. For our other places I find it easy to make a decision on the spot but this time I'm finding it tough.
We've had one application for it and it is 2 girls and a guy with no rental history. They've all lived with their parents to date. They all have solid employment histories that have been verified by the agent.
Does this smell trouble? The agents manage the property that one of the girl's mum lives and said she's a good tenant that has been renting from them for years. I've asked that the mum be guarantor on the lease if we go ahead.
It sounds enticing to have tenants wanting to move in only 3 days after we leave and agreeing to the asking price, but wondering if I am being too hasty in saying yes (the agent is waiting for my call). I expect that the only other potential tenants around here will be groups of Asian students (not being far from UNSW) so is it worth waiting for more applicants which will be share accommodation? I will be getting landlord insurance regardless.
I look forward to your replies. BTW we probably won't be moving back in at any point but I guess it is more emotional when you live in a place when deciding on tenants. For our other places I find it easy to make a decision on the spot but this time I'm finding it tough.