Christmas time isn't great for finding tenants!

Discussion in 'Property Management' started by headsonbeds, 3rd Dec, 2015.

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  1. larrylarry

    larrylarry Well-Known Member

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    Yes, I'm relying on their good graces but I also did the ground work with the V's agent...we are now BFFs.
     
    larrylarry, 4th Dec, 2015
    #21
  2. Xenia

    Xenia Well-Known Member

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    like like like
     
    Xenia, 4th Dec, 2015
    #22
    Biz likes this.
  3. JacM

    JacM VIC Buyer's Agent - Melbourne, Geelong, Ballarat Business Member

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    How come this wasn't a term of sale?
     
    JacM, 4th Dec, 2015
    #23
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  4. larrylarry

    larrylarry Well-Known Member

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    My bad. :)
     
    larrylarry, 4th Dec, 2015
    #24
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  5. 7smurfs

    7smurfs Member

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    I copped the x2 vacancies in late November/December too.
    Both are apartments and within 7km of CBD though.

    1BR leased after first open with 4 applications
    2BR leased after 3 weeks with $50 p/wk price drop (got desperate)
     
    7smurfs, 4th Dec, 2015
    #25
  6. BKRinvesting

    BKRinvesting Well-Known Member

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    Just lined up a tenant for one of our Western Sydney ones. 6 month lease, but should be a good tenant. :cool: The 6 month lease also gets me out of trying to lease it in December again next year :)
     
    BKRinvesting, 4th Dec, 2015
    #26
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  7. MindMaster

    MindMaster Well-Known Member

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    Hate looking for tenants or doing anything property related in December. Too many businesses/people close up, have delays and winding down for Christmas.

    Looking for tenants now for a Croydon unit.Would not be surprised if I do not get one until mid January.
     
    MindMaster, 4th Dec, 2015
    #27
  8. larrylarry

    larrylarry Well-Known Member

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    It's now advertised and open inspection next Tuesday. Wish me all the goodies in the world!
     
    larrylarry, 4th Dec, 2015
    #28
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  9. dabbler

    dabbler Well-Known Member

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    Some places this period can be good, right at Christmas would not be ideal to start.
     
    dabbler, 5th Dec, 2015
    #29
  10. Chilliblue

    Chilliblue Well-Known Member

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    Just got off the phone with one of my agents for one of mine down in Nowra NSW. Tenants vacating in two weeks, an open inspection held last Wednesday. Fantastic result for something that was not even advertised on the open market. 15 parties attended, 14 applications made and several great tenants to choice from.

    I am asking for a 14 month lease though.
     
    Chilliblue, 5th Dec, 2015
    #30
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  11. Azazel

    Azazel Well-Known Member

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    Good luck Larry, hopefully you get someone with a job and everything.
     
    Azazel, 5th Dec, 2015
    #31
  12. larrylarry

    larrylarry Well-Known Member

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    That's got to be on the check-list won't it?
     
    larrylarry, 5th Dec, 2015
    #32
  13. Azazel

    Azazel Well-Known Member

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    Well...
    If they have a good rental history and go on Centrepay it can be Ok, but not ideal.
     
    Azazel, 5th Dec, 2015
    #33
  14. larrylarry

    larrylarry Well-Known Member

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    I just want money.
     
    larrylarry, 5th Dec, 2015
    #34
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  15. playtime

    playtime New Member

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    I don't knead tennants, im just waiting on the capitol gains. go you good thing
    cant weight to leverage up and get another one!
     
    playtime, 5th Dec, 2015
    #35
  16. wylie

    wylie Moderator Staff Member

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    We found a tenant this weekend - first open house. Six groups through. I was thinking we might have an empty house for Christmas. I once had a call on Christmas Day and let it to the caller. We try to avoid this time of year but sometimes it just happens.
     
    wylie, 6th Dec, 2015
    #36
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  17. Azazel

    Azazel Well-Known Member

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    Good stuff.
    Nice to know it won't be vacant over the whole period.
     
    Azazel, 6th Dec, 2015
    #37
  18. tomlemke

    tomlemke Well-Known Member

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    Where in newcastle did you buy biz?
     
    tomlemke, 7th Dec, 2015
    #38
  19. Biz

    Biz Well-Known Member

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    I have one in Wallsend.
     
    Biz, 7th Dec, 2015
    #39
  20. joe2030

    joe2030 Well-Known Member

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    joe2030, 8th Dec, 2015
    #40
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