Be very wary of rental guarantees

I have been warning people about rental guarantees for over a decade in articles, books, and media interviews however it appears that prospective buyers continue to be fooled by the slick marketing.

I regularly speak with people who have had a negative experience when buying a property with a rental guarantee and I am yet to find one who tells me "we purchased the property at a great price, the company honoured the rental guarantee and the property rented for more once the rental guarantee period finished".

The bottom line is that a great property that's priced right in a good location doesn't need a rental guarantee. I’m still waiting to see a property that comes with a rental guarantee that isn’t over priced!

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