All else being equal, 4 different tenants over the course of two years significantly increases your chances of getting a bad one who will over-hold. If you're not up-front at the start about the tenancy being limited to 6 months, the surprise of getting termination notice later might tip an otherwise good tenant over the edge into over-holding.Yes you still run the overholding risk - no more than you do at present - but the tenant has no legal defence.
Fully agree.All else being equal, 4 different tenants over the course of two years significantly increases your chances of getting a bad one who will over-hold. If you're not up-front at the start about the tenancy being limited to 6 months, the surprise of getting termination notice later might tip an otherwise good tenant over the edge into over-holding.
Refer Post #1 and post #8; so no surprises.If you're not up-front at the start about the tenancy being limited to 6 months
Agreed. But still a known risk right now versus the unknown risk of what a Sinn Fein government might do. As of now the legal system will support my right to regain my property; even if it's a tedious process.4 different tenants over the course of two years significantly increases your chances of getting a bad one
I agree with this too.Most LLs want a tenant that is there a long time with no issues.
Yes and no.Then 6 months becomes meaningless
True, but no matter what Sinn Fein try to do in this regard, it won't happen overnight. Legislation generally takes time to work its way through the system. Yes the Covid measures were rushed in quickly, but I can't see them trying a similar approach with this. This measure will make no meaningful improvement to the rental market so they won't want to rush it in under emergency legislation only to give the opposition more time in advance of the next election to highlight its failure.But still a known risk right now versus the unknown risk of what a Sinn Fein government might do. As of now the legal system will support my right to regain my property; even if it's a tedious process.
that's the bit I wouldn't be so sure of.no matter what Sinn Fein try to do in this regard, it won't happen overnight.
Let out the house on Airbnb or to students if you are any where near a college.that's the bit I wouldn't be so sure of.
selling is not my only option. the whole point of this thread is about renting property but not potentially being trapped if there is a change of government policy at the next election.you only option is to sell if you not prepared to be in it for the long haul
Anyone getting a Mica rebuild will need a lot more than a six month tenancy.If the property is near Pyrite or Mica affected properties you could rent to home owners that will have difficulty find a property to rent short term.
Home owners will hand the house back to you are they would want to move home once their property is finished. Well you hope they would…Anyone getting a Mica rebuild will need a lot more than a six month tenancy.
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