Friday, October 21, 2016

Finding Tenants

So by August 2011 things are ready for human habitation and we advertised in a number of different places, Gumtree, additionally through Adelaide Uni and UniSA without much joy so to get exposure through the trusty realestate.com.au we opted for a real estate agency who had filled other rentals vacancies in the street. 17 had a tenant at the end of September and 19 was let by mid-October.

With both rented, it should have been a case of sitting back and watching the rent flow in, right?

That would be true if it weren’t for a very old sewer system shared by both properties that kept blocking up.
Add to that a bit of a mould problem in 17. “Bit” may be an understatement. Even after putting in a better exhaust fan, when things got really black, the tenant gave us notice which was fully understandable.


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