If you’re
looking to buy an investment property and you can’t quote vacancy rates and
median rents verbatim, then you need to go back to the drawing board.
You should have
a thorough understanding of the rental price you’re likely to achieve and how
this compares to your loan repayments long before you’re signing
acontract of sale, otherwise, you could find yourself putting your hand
in your own pocket to fund the shortfall each month.
RealRenta has all the tools that a property manager
has, but at over ¼ the cost of a property manager.
Join now and the cost is less than a cup of coffee a
week to manage your rental property
RealRenta also has a free vision, so why not check it
out
Jason Gwerder
Wednesday, 8 September 2021