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Probably the second option here: http://www.all-acronyms.com/cat/9/SOL

Exactly....and rental guarantees that developers offer work in this same manner. $40pw over market = $2Kpa. So if I up the price by $40K (PMs 10% more) then it will cost me only $4K for a 2 year rental guarantee and I'm still $38K ahead. Doh! :confused:

PM you've been making these low ball offers for a while now and getting nowhere. This strategy works in a flat or falling market or with a distressed vendor sometimes. We are presently in a rising market in SYD & MEL, although I'm not sure of where exactly you are trying to buy. If you continue...