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They've come back asking if I'd reconsider. They want a week to fix a few things in their new property before moving (they have a little child). They've offered to do it by the book getting a licence agreement written up. Offered rent above market value for the week and a bond. If they are...

I get a feeling though based on what I'm told (which I have no reason to doubt) that they really would only want one week to allow them to move their stuff to their new place gradually over the week instead of rushing in one day (I believe settlement for both places is at the same time on the...

Thanks for the feedback. Wouldn't moving settlement by a week be a major hassle? I would think it would affect paperwork, loan etc? I don't see the big issue doing 2 inspections. The property is a 2 minute drive from my current place of residence so not hard to get there. But I do...

Hopefully this is the right section to ask this. I had a quick search and couldn't find any information on this. I'm sure it's been asked but had no luck finding anything. I've purchased a house from a young couple who as far as I'm aware have purchased a new home with a settlement on the...

I really do appreciate all your replies and it has definitely given me some food for thought. It seems I have a lot more reading to do before making a decision on the type of property is right for me as an investment. Really look forward to spending more time on these forums, and thanks...

Thanks for the tip. I'm not high income by any stretch of the imagination. It's somewhere around ~$65-70k before Super... I guess roughly the average Australian wage. I totally understand that a lot of the posters here would be very high income earners with their portfolio. But I figure...

Hi All, Stumbled across this site today an have been reading it throughout the day. A wealth of information I must say. I would love some advice or at least a 'what you would do' if you put yourself in my situation. I'm currently living at home with the intention of purchasing my first...