Today we've got my colleague and superstar property manager, Jewayne Loong along to discuss the opportunities and pitfalls when buying a tenanted property. 

It's a great opportunity to pick up a bargain and save tens of thousands on your purchase price but surprisingly, there are a lot more pitfalls than most investors we speak to realise.

It can really make or break both the return that you get on the front end, whether you’re actually getting a good deal or a bad deal, or buying yourself a whole bunch of stress that you're not expecting.

So, we're all about trying to set things up for smooth sailing, trying to help you to know what you're getting yourself in for to make an informed decision. 

There are a lot of interesting topics to cover, so let's go inside.

 

Resource Links:

• Join the Perth Property Investment Facebook Group (https://www.facebook.com/groups/perthpropertyinvestors)

• Join Jarrad Mahon’s Property Investor Update (https://www.investorsedge.com.au/join)
• For more info on our award-winning and highly rated Property Management services that give you guaranteed peace of mind (https://www.investorsedge.com.au/perth-property-management-specialists/)
• For more info on how our Property Sales services can ensure you get the best selling price while handling all the stress for you (https://www.investorsedge.com.au/selling-your-perth-property/)

Get Jarrad’s strategic advice towards your property purchase and development plans (https://www.investorsedge.com.au/invest-in-perth-property/)

 

Episode Highlights:

1. Intro [00:00]
2. Quantifying and Understanding the Different Aspects of Existing Tenancy [02:54]
3. Important Things to Consider when Making an Offer [05:01]
4. Important Documents Required [08:55]
5. How to Determine whether a Bond Has Not Been Lodged with the Bond Administrator [09:45]
6. Why is an Application Form Important [10:43]
7. Things to Consider Before Purchasing [11:49]
8. Solving Future Problems [18:47]
9. Final Thoughts/Outro [21:51]

Thank you for tuning in! If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.

 

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