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Makes you wonder why anyone would buy an investment property

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wiskers

1,195 Posts.

26

13/04/22

09:13

Post #: 60822067
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Originally posted by kingpins: ↑

Hi all
The tenancy laws these days are more complex than most imagine
Oh so true and the little twitty girls that are going to be your property manager do not know them either

If you manage your own property you must understand it is a job and like any job you will fail unless you put time and effort into it and it also requires learning the laws that you and your tenant have to comply with

At least half the people who own investment properties are mentally incapable of managing them themselves and should never own an investment property

Real Estate Agents do not put any effort into the property management side of the business and just choose the cheapest option so the tenants and the owners get shafted

Therefore if you want or need to own an investment property be prepared to do the work and never give it to an agent to manage because they are just rent collectors not managers, and your investments will suffer and you will get a lower return than you could

Just my opinion

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Makes you wonder why anyone would buy an investment property
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