All fishermen have a story about the one that got away, but what about real estate investors. That great deal, that perfect investment house that you didn't or couldn't get. Any such stories out there?
As for me, well I am still kicking myself for one that got away about 2 months ago. Great Federation home in regional NSW. Big block with side lane access (and i had the view of putting in a granny flat on the side lane access). Recently half renovated and currently tenanted. The garden was a mess, it had greyhound cages/runs on concrete slabs and there was a mountain of dog poo. But the style of the house and the remaining required work on it was perfect for me. Plus the opportunity to increase rental return was great too.
So i did my DD, got RP data stats on the house and area, did an inspection, was relatively happy about it (except for the existing tenant) and was basically all set to offer. But i waited for slightly too long. I put my offer on in the afternoon of the next working day (as i was tied up in work related meetings all morning) and i was informed that an offer that already been put on it and accepted.
Shuzbut i thought. oh well. If it wasn't for those work related meetings that morning then i would've got it. How dare my work get in the way of my private life!!!
Oh well. the one that got away.
Any others?
Thanks
g
As for me, well I am still kicking myself for one that got away about 2 months ago. Great Federation home in regional NSW. Big block with side lane access (and i had the view of putting in a granny flat on the side lane access). Recently half renovated and currently tenanted. The garden was a mess, it had greyhound cages/runs on concrete slabs and there was a mountain of dog poo. But the style of the house and the remaining required work on it was perfect for me. Plus the opportunity to increase rental return was great too.
So i did my DD, got RP data stats on the house and area, did an inspection, was relatively happy about it (except for the existing tenant) and was basically all set to offer. But i waited for slightly too long. I put my offer on in the afternoon of the next working day (as i was tied up in work related meetings all morning) and i was informed that an offer that already been put on it and accepted.
Shuzbut i thought. oh well. If it wasn't for those work related meetings that morning then i would've got it. How dare my work get in the way of my private life!!!
Oh well. the one that got away.
Any others?
Thanks
g