Do not wait until
it is too late.
While it seems odd
to delay issuing a breach notice, it is common in a downturned property market
where rents are decreasing.
This is because landlords
oftentimes fear they will lose their tenant and get less rental income.
However, reality
is, the tenant is likely to continue to default on rent and the landlord will
be out of pocket further as the insurance cover for arrears is typically capped
at a certain number of weeks.
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
Friday, 28 May 2021