PM just told me a couple who are over 60s submitted the application. Both of them are retired. They get $1000/month from central link and $5000/month pension. They don't have other income. They don't have their own property.
What's the worst case scenario to rent house to retirees ? Is there any policy from government or VCAT to protect retirees if they stop paying rent? How is your experience with tenants who are retired ?
Any suggestion would be highly appreciated.
What's the worst case scenario to rent house to retirees ? Is there any policy from government or VCAT to protect retirees if they stop paying rent? How is your experience with tenants who are retired ?
Any suggestion would be highly appreciated.