Hey mate, Please be careful with what you are saying. Rent rolls...

Hey mate,

Please be careful with what you are saying.

Rent rolls are virtually the only asset a real estate agent sells when they sell their business.

Sales don't really command a dollar value, as a sales commission is never guaranteed.

A rent roll goes for $2.50 - $3.50 per dollar of revenue if sold.

The general rule is $100,000 in property management income is worth around $300,000 if sold as an asset.

Rent rolls show their true value when sales go dry. This year may be a fine example of that. Solid fortnightly property management revenue is better then not selling anything at all from a sale of a house, or waiting on a constantly delayed settlement commission.

Cheers.