Do your research on the area and have superior knowledge of the marketplace.
Knowledge is power when negotiating. Research is the key here attend auctions, research recent sales, importantly talk to agents and go to open for inspections; become an expert in the area. Use your superior knowledge of the market combined with facts and figures to negotiate back and forth until a mutually acceptable price and terms are agreed upon. Remember this is not a place you are going to live take emotion out of it and walk away if need be.
Helping tenants understand their responsibilities as well as their rights over fixed term leases could prevent potentially expensive misunderstandings down the track.
The Residential Tenancies Act clearly states that the landlord must maintain the property in ‘good’ repair, in a state that is fit to live in and in a state that complies with health and safety codes, local government by-laws and supply authority regulations.