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Rent is paid 12 months in advance

Discussion in 'Where to Buy' started by Beano, 1st Sep, 2016.

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  1. Beano

    Beano Well-Known Member

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    Net Rent $432K
    For sales BurgessRawson.com.au

    (ps Not unusual 28 of the recent properties I have purchased had leases where tenant are required to pay 12 months in advance)
     
  2. hash_investor

    hash_investor Well-Known Member

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    Could not find the link to that?
     
  3. Scott No Mates

    Scott No Mates Well-Known Member

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    Telco sites pay yearly in advance. I know of several who pay 25 years in advance too. It suits some.
     
  4. Beano

    Beano Well-Known Member

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    It was in a insert within todays australian financial news ..so no link ...but their website will have the details
     
  5. Beano

    Beano Well-Known Member

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    Except it may mean rentals are fixed for 25 yrs
     
  6. Lacrim

    Lacrim Well-Known Member

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    You've got 28 properties?:eek:
     
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  7. Beano

    Beano Well-Known Member

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    No
    Those are the ones that pay 12mths in advance
    There is only one thing better than a tenant that has to pays 12 mths in advance and that is a tenant who pays 12 mths in arrears (instead of 12mths in advance )
     
  8. Lacrim

    Lacrim Well-Known Member

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    Implying that you've got more than 28?:eek::eek::eek::cool:
     
  9. Beano

    Beano Well-Known Member

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    Ps. My solicitor said it is better they don't pay at all so he can charge his fees on recovery of the rent
     
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  10. Beano

    Beano Well-Known Member

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    You are talking to a "compulsive property kliptomaniac ".
    I can't help collecting and stealing a bargain (figuratively)
    Yes a wee bit more
     
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  11. Lacrim

    Lacrim Well-Known Member

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    respect.gif
     
  12. Scott No Mates

    Scott No Mates Well-Known Member

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    Not at all PV (rent, annual review, term remaining)
     
  13. Beano

    Beano Well-Known Member

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    That is fantastic 25yrs in advance with too ups during the term
    That is hard to better