This is the fee that you pay when you buy an investment with poor capital growth because it’s in the wrong city, suburb, or street.
Perhaps it grows at 2 or 3 percent per
annum when buying the right property may have achieved 6 or 7 percent capital
growth.
A three-percentage point difference
might not seem like a lot but over the years this could add up to a learning
fee easily in the hundreds of thousands of dollars.
The "negotiation" learning
fee
This is the extra cost to you when you are afraid or too inexperienced to negotiate on price.
Many property purchasers are "shark bait” to selling agents who
are highly trained negotiators who are taught how to get the top dollar for
their clients – the seller.
RealRenta has all the
tools that a property manager has but for less than 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, 21 September 2022