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  • Food for thought...

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    • Originally posted by Halo_2 View Post
      The latest craze for renting a property is use a fake name and turn it into a drug manufacturer house, they bypass the elec meter (bullshit easy to do) and the owner is slapped with a bill from synergy estimating non metered use.
      This was happening 20 years ago. You will find the big boys have an agent in the loop so if someone is going away for a year or more, they set it up, make some dollars, then repaint, new floor coverings, blinds etc.

      Originally posted by SomeBloke View Post


      Food for thought...
      Is that borrowing for residential?
      They hung a sign up in our town "If you live it up, you won't live it down"-Tom Waits

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      • Ooops double post.
        They hung a sign up in our town "If you live it up, you won't live it down"-Tom Waits

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        • Originally posted by Halo_2 View Post
          The latest craze for renting a property is use a fake name and turn it into a drug manufacturer house, they bypass the elec meter (bullshit easy to do) and the owner is slapped with a bill from synergy estimating non metered use.
          You wont get that if you use a half decent manager.
          The crux of the biscuit is the apostrophe.

          Comment


          • Originally posted by Halo_2 View Post
            The latest craze for renting a property is use a fake name and turn it into a drug manufacturer house, they bypass the elec meter (bullshit easy to do) and the owner is slapped with a bill from synergy estimating non metered use.
            Originally posted by AZAZL View Post
            You wont get that if you use a half decent manager.
            Yep, because a half decent manager would not accept a $5k cash payment/per property to pull a swifty he cannot get done for.
            They hung a sign up in our town "If you live it up, you won't live it down"-Tom Waits

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            • [MENTION=5686]chew[/MENTION]
              Its from an article by the Australian, http://www.theaustralian.com.au/nati...63c4ead7f41086 graph is titled housing finance, so I'm assuming it is $ borrowed.

              The article is a good read and pretty well balanced at quick glance.

              Another interesting graph from the article below...

              Comment


              • Albeit a bit skewed by Sydney and Melbourne.
                They hung a sign up in our town "If you live it up, you won't live it down"-Tom Waits

                Comment


                • Originally posted by AZAZL View Post
                  You wont get that if you use a half decent manager.
                  It was saying doing it privately but it's not as if managers check everything out and a bypassed meter you wouldn't even know.
                  "Some people are like clouds. When they disappear it's a beautiful day"

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                  • Originally posted by Halo_2 View Post
                    It was saying doing it privately but it's not as if managers check everything out and a bypassed meter you wouldn't even know.
                    I certainly understand it as chew pointed out. Corruption is corrupt. Professionally vetting prospective tenants and regular inspections is the key. But yeah, there always is that 1%er chance that the owner gets screwed.
                    The crux of the biscuit is the apostrophe.

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                    • Originally posted by SomeBloke View Post


                      Food for thought...
                      2013-14-15 Investor bump directly related to SMSF changes re; Investment properties..?

                      annuallised Million $ debt... I see it now..ok.
                      " Imagination is the seed of life..."

                      Comment


                      • Originally posted by GsxInShed View Post
                        2013-14-15 Investor bump directly related to SMSF changes re; Investment properties..?
                        That was back a bit further than that from memory.
                        They hung a sign up in our town "If you live it up, you won't live it down"-Tom Waits

                        Comment


                        • Originally posted by SomeBloke View Post


                          Food for thought...
                          Once again, the baby boomers getting a (another) leg up.

                          and if you have a look at about July 2000 you will see the beginning of the rise. Guess what the Howard government did then to "HELP" people buy a home?

                          Hey, lets allow young people to use their super for a mortgage. That will bring prices down!

                          Comment


                          • Burst the bubble, that'll bring 'em down.
                            They hung a sign up in our town "If you live it up, you won't live it down"-Tom Waits

                            Comment


                            • Would anyone in this thread know anything about leasing my property to Defense Housing?

                              to cut a long story short, me and my partner brought a house back in September, a little "lock and leave" unit in Nollamara. 6 months later he decides to split.
                              In those 6 months because of the market we would lose quite a bit of money if we sold now if you include advertising and real estate fees and all that crap. We have split loans, so i have the option to buy his half out and keep it for myself, however due to being a full time student it would be a struggle to maintain that ( i could rent it out but i havent gone down the Math/calculations pathway for that). If i rent it out I would be scared of not being able to get tenants and then having to pay a mortgage I cant afford.

                              i was looking into defense force housing, because thier website claims permanent rent and 6 year leases, property mangement and a full restoration before handing it back to me.
                              But you know, that when something seems to good to be true it is..... so whats the catch?
                              Originally posted by DailyBanana
                              That little girl likes her pizza more than you like people

                              Comment


                              • Defence housing pay f*ck all and f*ck all to upkeep them.

                                I use to do electrical maintenance for them
                                "Some people are like clouds. When they disappear it's a beautiful day"

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