Hi Everyone, Have seen the phrase "Rental Reality" being used here and on the Somersoft forum but what exactly does it mean?
Hi Muz, A major article on this topic is forthcoming Short Answer: Rental reality is the objective method of valuing a property on actual market conditions. The "Real Price" of a property is ascertained from the actual market rental achieved . . . this objective method strips away the marketing biased 'opinions' of the many so called experts, allowing an investor to work out for themselves if a property purchase is a value proposition or not. Coming soon, Regards, Steve
******************************** Dear Steve, 1. Doesn't your Rental Reality formula actually apply more relevantly to valuing the commercial properties rather than for valuing residential properties? 2. How exactly does one go about measuring the likely future capital growth of a particular property in a particular suburb, when its future capital growth is not indicated by its present rental returns?... As in the case of new estate development such as the Secret Harbour Beachside Estate or the Anchorage Estate at Rockingham in Western Australia? 3. Looking forward to your early clarification and reply, please. 4. Thank you. regards, Kenneth KOH
************************************ Dear Here_to_learn, How? Care to share your figures with us, for mutual leanring purposes, please? Thank you. regards, Kenneth KOH