Published on: 2010-02-18

Opportunity goes begging

Opportunity goes beggingOpportunity goes begging

As reported last month the portfolio continues to be stretched. Occupancy is at a record high for this time of the year placing upward pressure on rents. At the same time the sales team advise that there is a distinct lack of investors buying at the moment despite some well priced properties with terrific yields being available. We note that some of our largest landlords are actively buying which is an indicator to new investors. Buy when everyone else is fearful advises Warren Buffet of stocks and the same is true of property. Unfortunately, most of us recognise an opportunity six months after it has passed. Lodge City Rentals has tenants urgently requiring good quality  properties and not enough properties to rent them. The sales market has terrific buys. Now is your opportunity.