hi, just wondering how you all got on with the renting process ? I am in a similar position in that my house in UK has been on the market and empty for nearly 2 years now and feelsl like just throwing my money down the drain but so scared of having bad tenants or property being devalued once rented out. Almost sold it once, reduced price by 50K now and would have to drop significantly more to sell in current market so guess its a no brainer ??
Any more advice welcome, we are on a temporary 457 visa and not ready to buy as happy renting in Melbourne for now espeically with poor exchange rate. My concerns are that now heard that property market might fall further in UK like America as all over priced in reality and might end up renting out for a few years which is what we would be ok with to end up with a worse price than we could get now ?
Thanks in advance
Carolyn