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If I were to think my risk of losing are low then the risk of the other side losing would be high. Unless they are rich and want to prove a point then any self respecting lawyer would advise their client to not take this case to court as there is a high risk of them losing.

Someone who knows anything about property would know that when you receive rents in excess of $600+ you are buying and selling between seasoned investors. My property is in the $800+ bracket unless there are some trust fund babies running around then I doubt that I am selling to first time investor.

Looks like some of you are taking the moral high ground, a bit rich coming from a bunch property investors. I did speak with my solicitor today and they pointed out the following scenario's if the purchaser wanted to rescind the contract or sue for damages: - The biggest risk is the tenant...

Well as we pointed out the rent has nothing to do with the contract. So there is not fraud contractually.

I should further clarify the agent will know its getting $1,000 a week they just won't be aware of the inflated rent. I'm still yet to see any hard proof this is illegal. What about developers who offer rent guarantee's for one year when you buy their properties at inflated market prices...

I should clarify, highest rental achievable is $850 for my property. Properties getting $1,000 per week are in better condition but not a better location. Also the selling agent won't know, I won't tell him so there is no need for him to lie. I would say its a small risk for me to pay. If i...

The property is currently gettin $850 a week. Properties that rent for $1000 are selling for more than 30k-50k than a comprable of my style of property. I just want to bump it up to $1000. Its not as if this is a low end property getting $300 and I am trying to inflate by more than 50%.

I plan on selling my investment property within the next 3 months and my property is about to become vacated. It will most likley be purchased by another investor so is it worth me giving the next tenant a 12 month lease and $10,000 via a private deed in exchange for lifting the rent $150 extra...