slik, look after the tenants and they will look after your investment. spend tax deductible dollars on presentation,and the tenants will come. in my case i recently offered a residential rental in perth inner burbs for 315 per week.took 2 weeks to ready and lease after previouso lessee went on to greener pastures. on a gross return it is pretty poor,say 3% value of property. the tenants are aaa,know they are in a 350 plus dollar per week property and have a "good deal". whats the upside on a poor gross,with a tenant not paying full tilt! try tax offsets,never had a property mt for more than 30 days since 1989,and everyone wins except the tax man.perfect scenario,happy lessor,lessee,tax office deservedly picking up the difference.
