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I think you should go high. Find a place where you can rent while you're not living there. Find a really nice place. Take that rent and double it. Maybe triple it. Ask for that. The fact you say there are more than one firm is to your advantage. Play them off each other. I don't know the exact amounts here, because I've never heard of this situation. But definitely start really high. They will negotiate it down I'm sure. How badly do they want your place?
Ultimately it will be the firm that wins the job that I will have to deal with so there won't be any way to play them off of each other. The fact that I am being approached makes me think that they want it pretty bad. However my place is not the only option, just the best choice from what I can tell. Everyone is holding their cards pretty close to their chests at this stage. A lot of bluffing from these guys is occurring to see what I'll blink at. I agree that I should aim high, the problem lies in finding the sweet spot that won't shut down proceedings. Good advice though regarding other rentals. It wasn't something I'd considered yet. Cheers.
To find a comparable property to rent in the area will run between 80% and 150% more than what I currently pay. I put that down to the effects of gentrification. If I were to move out of the area it will play havoc with my commute as I will be required to come to within a street of where I currently live to drop my wife off to work before heading back out to my own workplace. I will be sure to factor in these expenses while I attempt to come up with something I think is fair. Regarding the edit I am reasonably certain that their are provisions in the Building Act that allocate responsibilities regarding any potential damages that may occur to adjacent buildings as well as compensation for occupants.
Thanks for the comments. I'm off to bed for now. I look forward to seeing if anyone has any other input on this matter. This voat place seems pretty awesome so far.
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[–] RudeMechanics 0 points 2 points 2 points (+2|-0) ago
I think you should go high. Find a place where you can rent while you're not living there. Find a really nice place. Take that rent and double it. Maybe triple it. Ask for that. The fact you say there are more than one firm is to your advantage. Play them off each other. I don't know the exact amounts here, because I've never heard of this situation. But definitely start really high. They will negotiate it down I'm sure. How badly do they want your place?
[–] ZedsDeadBaby [S] 0 points 1 point 1 point (+1|-0) ago
Ultimately it will be the firm that wins the job that I will have to deal with so there won't be any way to play them off of each other. The fact that I am being approached makes me think that they want it pretty bad. However my place is not the only option, just the best choice from what I can tell. Everyone is holding their cards pretty close to their chests at this stage. A lot of bluffing from these guys is occurring to see what I'll blink at. I agree that I should aim high, the problem lies in finding the sweet spot that won't shut down proceedings. Good advice though regarding other rentals. It wasn't something I'd considered yet. Cheers.
[–] [deleted] 0 points 1 point 1 point (+1|-0) ago (edited ago)
[–] ZedsDeadBaby [S] ago
To find a comparable property to rent in the area will run between 80% and 150% more than what I currently pay. I put that down to the effects of gentrification. If I were to move out of the area it will play havoc with my commute as I will be required to come to within a street of where I currently live to drop my wife off to work before heading back out to my own workplace. I will be sure to factor in these expenses while I attempt to come up with something I think is fair. Regarding the edit I am reasonably certain that their are provisions in the Building Act that allocate responsibilities regarding any potential damages that may occur to adjacent buildings as well as compensation for occupants.
[–] ZedsDeadBaby [S] ago
Thanks for the comments. I'm off to bed for now. I look forward to seeing if anyone has any other input on this matter. This voat place seems pretty awesome so far.