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I guess. It also depends on if it's the house that's brilliant for great rent or it's purely the land value. However, I don't see why anyone would spend such an amount on an investment if it's obvious it isn't going to be worthwhile. I know I would never spend $3mil on a property to return...

Certainly, I agree. I'd still up the rent, but for a good tenant I may up it by $10 per week rather than $20 as an example. My apologies, your other post wasn't there before I posted, and at $400 per week for a $3mil property, you can understand most peoples disbelief, no? I mean, sure, I...

Mum, I think you blew it outta proportion, it was just an example - None of the figures were based on any actual figures nor was the $400 realistic to a $3mil property. I think Dazz was saying what would be considered a good tenant, rather than based on the actual facts of anyones properties...

Fair point, but still. Either way, you should be trying your hardest to pay your bills. Also banks hold much more security than one month's rent as a bond.

LOL! You're just a cold hard ****** :p Reminds me of a call I had from a tenant the other day. She was saying how unfair it is that "they try to kick you out on the street if you're two weeks late with rent with just 14 days notice, well they start proceedings anyway. Property Managers and...