As a property investor, you would think that you’d have a keen eye on the incomings and outgoings on each and every one of your properties, but one mystery owner has to be tracked down by private investigator to be given her rent after 22 years.
The owner had inherited the harbour-side property in Sydney’s inner west, which continued to be rented for over two decades by Ray White Drummoyne principal Chris Wilkins tried to track down a landlord he had never met.
Finally, after 22 years, a private investigator engaged by the real estate agent tracked the owner down in the US.
The property has since been sold at auction for $600,000.
Checking your property manager
How to improve your investment property's rental yield
Finding a property investment hotspot: 5 top tips
Do you have more than $200k in your super fund? You could use your super to buy property - Find out how
Top Suburbs :
Get help financing your investment
Do you need help finding the right loan for your investment?
When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.
Just fill in a few details below and we'll then arrange for a local expert Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus, our mortgage broking service is at no cost to you.
We value your privacy and treat all your information seriously - you can check out