Be very wary of rental guarantees

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!

To learn how to identify, research and negotiate the purchase of a great property like a professional buyer’s agent order a copy of "The Insider's Guide to Buying Real Estate". It will be the best educational investment you make or your money back!

Categories: Investment Property