All Topics / Help Needed! / I want to rent out a rental property

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  • Profile photo of gingerginger
    Member
    @ginger
    Join Date: 2003
    Post Count: 4
    January 28, 2004 - 12:36 pm

    I would like to know how I can rent out a rental property. I don’t wish to live in the property just manage it and rent it to students. Is this possible? How can I do this, should I be up front to the real estate agent or will I have to lie. Any one have any ideas.

    Profile photo of melbearmelbear
    Member
    @melbear
    Join Date: 2003
    Post Count: 2,429
    January 28, 2004 - 1:03 pm

    I’m guessing that you are currently a renter, and you wish to sublet the property to students?

    There’s been a couple of posts on here discussin that option recently. Do a search and see if you can locate them – from memory they were fairly informative, lively discussions.

    Cheers
    Mel

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    January 29, 2004 - 1:18 am

    Your current lease probably prohibits this without the landlords written permission. So start by checking it, and then write to the owner if necessary.

    Becareful of things like damage to the property. If the new tenants damage it, you will be liable to the landlord.

    Terryw
    Discover Home Loans
    North Sydney
    [email protected]

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

Viewing 3 posts - 1 through 3 (of 3 total)

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