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My PM made sure i sorted it all before she would lease it out :) I worked like a slave, getting my property up to 'ppor' standard for rental :) It's worth it, to attract the. right kind of tenants.

Good luck with it all, i always thought it seemed like a pretty decent property for the price, and it was a house, to boot. I googled it and girraween has no train station, i wondered if that was the reason. Anyway, it's leased, so you don't have to worry about it for now. If you don't...

To the OP - how'd you go with everything?

I see alot of dodgy people around in every suburb. Apart from centrelink, where are all these people getting their money? The applicants who had 20 cents offered me a bit over market rate for my IP. Agent turned them down. But plenty of agents and owners would have been happy to just swallow...

:D:D cash in hand jobs, looking for a new job and will get one soon, illegal activities, or they say family will pay their rent for them. I had an applicant like that once. If the agent had accepted them, they would have had to transfer the bond + rent to the agent straightaway. And they knew...

I reckon you might have, and possibly more than on the house you'd bought too! Never mind. Well, all the best with the house. Let us know what happens in the end.

Why? I'd love to own a one-bedder in bondi, elizabeth bay, sydney CBD. Not that I can afford that, but that's another story. I would love to have a house as an IP. Although, after following your story, I'm beginning to have second thoughts. The problem with units is there are alot of...

My next aim is a one-bedder close to the CBD. But there's a glut too in glebe and marrickville. You wouldn't have thought so, would you.

Though what will you do if you sell it? Will you buy somewhere else where you think you can easily rent out the property?

Thanks EN710. OK, I'd better start saving then! Other people are risk-takers and invest that 2 years of savings into something and make big bucks :cool: Does make me worry. Lots of oversupply in rentals at the moment. Many pretty decent properties not being able to be rented out.

but even a buffer will run out one day. Most people will have, say, 6 months max of buffer. What happens when that runs out? Some people can't let their properties for a year.

I should have stated my question more clearly - a truly bad tenant is like EN710's - squatting, knocking holes in walls etc. I wouldn't take a tenant like that either. When I said bad, I meant a taking a tenant who had no references, no job, no source of income and 20 cents in their bank...

If the OP doesn't get a good tenant from the current pool, will he get one at a later date? How?

Maybe the tenants owed money to other people too, and had to leave in a hurry to get away from those people.... Would people be open to a BAD tenant (in terms of references, income and rental history)? As opposed to NO tenant?

OK. Good luck. Maybe you even have a tenant by now from the pool of apps you received?

$380-90? Try "$410 NEG" or "$410 offers invited" on the ad? Try putting 'make me an offer' in the ad?

:D poor thing. Can you afford to just reduce the rent and get that sucker rented out? Looking forward to seeing the updated pics?

one more very small thing. If you ever have to replace the door handles, I would recommend stainless steel. The gold ones look very dated. I think door handles are the least of the OP's worries right now though.

? So what's the process from start to finish to evict an associate of the legal tenant? I don't want to hijack this thread too much. Can you provide a link to your own thread? Rutherford near maitland/newcastle? Argh.....are your tenants the same type of people who harass everyone on the...

Dang. For my IP, husband only is on lease as he's the breadwinner. Should I have insisted wife also be on the lease? Next time then.... Good luck with it. I can't believe it! Can't YOU cut off the padlocks and put your own on? :D Nevermind the holes. You can plaster them over...