WA Rentals
- Thread starter redwing
- Start date
Yep, no WA, they can only do Domain.
Is it the market then or your marketing?
As per James, we use the internet nowadays rather than the print media when searching for properties. That's not saying that eveyone does, but you need to let people know its for rent
3 phone calls after one advertisement probably wasn't too bad?
You maybe able to do a deal with an agency to source and screen tenants for you for a fee?
Why the choice to self-manage on IP #1?
I definitely feel that exposure is limited without being on realestate.com.au. A couple of local agents want around $1500 for a leasing only fee, no marketing only option. It has only been one week so I am not stressed yet, I have allowed four weeks to find the first tenant.
At around $3500/year I didn't feel agencies earn their money. My boss has several IP's, all self managed and has been through court proceedings with one bad tenant so I feel I have enough knowledge and a capable mentor to self manage my first IP. As long as you follow procedures with relevant notices I don't think an agent can do anything that I can't, apart from marketing exposure obviously.
We did get a couple of calls from Saturdays ad, one of which are submitting an application and if references check out will be a good tenant - long term renters with a good history.
At around $3500/year I didn't feel agencies earn their money. My boss has several IP's, all self managed and has been through court proceedings with one bad tenant so I feel I have enough knowledge and a capable mentor to self manage my first IP. As long as you follow procedures with relevant notices I don't think an agent can do anything that I can't, apart from marketing exposure obviously.
We did get a couple of calls from Saturdays ad, one of which are submitting an application and if references check out will be a good tenant - long term renters with a good history.
<iframe frameborder="0" width="576" height="324" src="http://d.yimg.com/nl/australia/au-news/player.html#repeat=0&playbackStart=0&vid=29289807&browseCarouselUI=hide"></iframe>
not sure if that link works? does it sound a bit stupid tho? you can get near new 3x2 villas in mandurah for only $290pw and the PMs tell me rents haven't moved. shall I call these people and tell them?
seems it doesnt work. it's the video program here: http://au.news.yahoo.com/thewest/
not sure if that link works? does it sound a bit stupid tho? you can get near new 3x2 villas in mandurah for only $290pw and the PMs tell me rents haven't moved. shall I call these people and tell them?
seems it doesnt work. it's the video program here: http://au.news.yahoo.com/thewest/
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Wow I just saw my 1st rental property youtube ad video on realestate.com! How cool lol. 
plenty of above $400/wk properties tight as well, it just depends on the areas.
most of the inner suburbs are pretty busy at the moment, i went to a home open in northbridge 2 weeks ago, at least 30 people turned up for a 2 bed place asking $550/week and a real cross section of people. international students, backpackers, yuppies, an older couple etc
Try either 'highlighting' from http: until you reach the end, then right click on 'open link'; or 'copy' from http: onwards, 'paste' in your browser.
What kind of rents are people achieving?
Not sure what you're looking for here?
Yield on value
Yield on loan
Percentage increase over the last 12 months
or.....
I have my 1st IP currently listed SOR and have had a few hits but nothing to satisfy my interests. I'm asking $480 pw including lawn mowing. It's up at the higher end but has everything required and low maintenance.
Nb the property is a newly built 4X2 quite large rooms etc
Nb the property is a newly built 4X2 quite large rooms etc
Wow! Was looking at a Northbridge 2x1 on Aberdeen next to the Ford dealership before I bought a similar 2x1 in the Joondanna/Ozy Park area, cos the Northbridge one was $50k more at the time (bit out of my budget). My Joondanna place is getting $340/wk now - that's $200/pw difference! Can't be bothered doing the math now, but sounds like an extra $50k 7 years ago might've been worth it! ahh well.
