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With what I found out in the last hour I now know what to do.

I recently increased the rent on the above unit from $170 to $195 per week - still under market rent but weighing up potential loss of rent vs keeping a very tidy & well-behaved tenant who lives in my own complex of just 4 units it was worth keeping the existing tenant.

Seeing the movie - "Alien Abduction: Incident in Lake County" - anyone else seen this movie - man I was s*** scared but strangely still watched the movie all the way through - a lot of forums talked about this movie later on - many thought it real when it first screened.

Wow! That seems excellent. Good luck if you can find it.

I don't need luck because I have a plan!!!

Yes they aren't too concerned now; because they have struggled before & know how to handle difficult situations with other people if it arises. I was very concerned for them & I feared that they would lose their house (I don't think I said my Dad was scared he'd lose their house); thus became...

I despise your comment above!! I'd like to see how you & a few of the knockers here would feel if your parents were in the same shoes as mine. Given your comments, I think you'd let them fend for themselves!! My Folks don't like when I have to occasionally help them out; but honestly what...

They weren't concerned prior to me suggesting that I would consider helping them out. Honestly Alex, why am I not surprised at your hard-edged no emotion responses?? You've always been like that with me.

I appreciate some of the comments here however I also feel you & Alex & maybe others have no emotional attachment to their parents - where is the "LOVE" here? I think those comments are heartless. My brother was killed in a motorcycle accident 12 years ago so it is just me & my folks. Because of...

I live in Cairns & I can tell you 99% of those properties being advertised as CF+ are loaded to the max with huge depreciation benefits so I would doubt that they're true. I mean $400 per week rent on a $420,000 property - is that CF+ means? I don't think so IMO.

Just received a phone call from the broker who said that the bank has declined the refinance/consolidation loan for my Folks. I spoke to my Folks thereafter & they're not too concerned. My Dad has rang the Council saying that they're going to make a $1,000 payment this week & another payment in...

My Folks do not want to go back to their house in Greenvale as I think the boredom & lack of activity/things to do would make them go crazy! My Folks are originally from Cairns & here they are able to get around & see things, get out & about, etc - it's a hive of activity which they love...

Many thanks for your advice - it is much appreciated! My Dad's tried to run a courier service but to no avail. The way the bus is setup (licensing-wise) - it is a free courtesy bus so we cannot transport people to & from others destinations; only from others places to our specific destination.

The business car loan is for a tourism business that my Dad started 3 years ago. I came on board & have financed around 75% of the costs for the past 2.5 years. The loan is for a 14-seat passenger bus/Hiace van that we use to transport tourists from their accommodation to our tourist...

Many thanks to everyone for their support & advice. The reason for them waiting 2-3 years to sell their home is that the real estate market is ready to boom in Greenvale & over the next 2-3 years the house could double in value quite easily as other surrounding towns like Mount Garnet &...

Rates bill has been over a number of years & every year the council charges them 15% on top of their outstanding rates, so they pay $1,400 a year in rates plus $1,000 interest bill on top of that just for the rates. Usually councils force owners to sell their home when rates pass the 3-year...

I NOW HAVE A PLAN! Thanks to Everyone For Their Comments To My Dilemma I hate money!!! I struggled in my old job earning $33,000 paying off my own place. Now I earn double that ($65,000) in my new job; bought 2 more properties this year & still struggle...what has happened...bloody nothing...

The land price in Redlynch Valley in Cairns has gone up 45% in 1 year & still going! Yippee! Went from $120k to now $175k. Anyone else seen huge jumps like this?

Hello, Just went to an Investment Seminar Monday night & then did a one-on-one interview with the presenter's assistant today. They recommend only building an IP on land (ie: House & Land package) as in the "Land Appreciates, Buildings Depreciate" mantra; therefore to also take advantage of...