The market rent is $300+ per week, but they only rent it for $150 to a realtive atm, so as to look after them and not eat into the pension.
The problem i may face is getting a bank to lend to me when i'm not on the deeds.
Hi, Firts time poster, i hope someone has come across a similar scenario.
My parents are retired and on the pension. They have a main residence and an investment property. They paid $40K for the investment property in 1992 and have lived in it for 9 months back in 2001, current...