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Bronco1

11,295 Posts.

53

12/03/25

22:47

Post #: 78241662
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Originally posted by kingpins: ↑

Hi Gs

It can be if done properly but the authorities do make it harder

And for all those complaining about tenants the tide is turning re tenants as better tenants are there, you just have to find them and look after them

Plus the fact that you have to accept is that many landlords buy the wrong places to rent and they need heavy maintenance as a result landlords do not do it, so tenants say the landlord doesn't care why should I

If you purchase a property at too high a price and it needs heavy maintenance that is a guarantee of a bad tenant as you have to put the rent up to cover your mistakes

People have been persuaded that all you need to do is buy a house give it to an untrained girl to manage and the money will roll in
Residential rents if done properly will return about 4% maximum in Australia
Commercial is about 8 %+, but with commercial rent when the economy falls you get ZERO rent, just costs

People would never (I hope) buy a Rembrandt at $10+ million and store it uncovered in a garden shed but they will buy a house and never do any maintenance

(Generally) People who invest in houses deserve what they get as they are too bone lazy and stupid to understand what they are doing

Have successfully managed thousands of homes, have rented homes, and have bought and rented homes.
Don't expect others to pay for your mistakes

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hahaha you forgot to mention to go through a real estate they usually pick the right tenant usually with references , just saying, since you have managed thousands of homes LOL
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