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Well that was a lot of worry on my behalf for nothing. Auction was last night and I didn't get the property. The vendor was in the room for the auction (I'm not sure why this agent does that) and the look on his face when I bid was amusing to see. It ended up going for $95,000 over reserve...

Just a brief update, the vendors had no interest in offers, agent said they had been instructed not to take offers and are taking it to auction this week. I guess the history has much less relevance now as they can't deny my bids.

It had sounded that they knew what they were doing up until this point. Hopefully as landlubber said, this may be a mistake you can use to get them out of your IP and out of your hair.

Thanks for that perp. I'm in Victoria. My partner and I are currently in a de-facto relationship, which based on the linked article is exempt from double stamp duty. Andrew, I will be running it by the solicitor before it gets to that point, but figure it's worth understanding options...

That's why I love this place, quick, concise answers to questions. Thank you all, I'll head down the and or nominee route.

Hi All, I've been looking for a property in an area I know well, having lived within 2 suburbs radius for the past 30 years. A property that meets all my requirements has come up - great. However, I know the vendors, the vendors know me and we have a history that is less than amicable. The...

Hi thatbum. I replied like I did as I'd interpreted your initial comment as you believing I wanted to take them to the tribunal. I'm not complaining about the tribunal, it's there to do a job. I brought it up as that was part of the tenants threats when told no. I fully intend to go...

I don't want to go to the tribunal, the tenant is threatening to take us to the tribunal for saying no. We are somewhat resigned to the idea that we have no chance of keeping a dog out of the house, not that we like it.

This is where I find the system to be ridiculous. Both parties signed a lawful agreement, without duress but landlords don't have any rights to enforce the terms of that agreement and could in fact be penalized for trying to hold the other party to their agreement. I'm based in Victoria so I...

The joys of being a landlord. In our first (and currently only) investment property, we've had tenants for 3 months. They approached our property manager on Friday asking if they could have a 'small, rescued' dog. After considering the request over the weekend we advised our property manager...

Hi Brady, Thanks for the feedback. You are correct in your assumption about $0 personal debt, although between us we have CC limits of $6,500. With the renting property 3 scenario I mentioned, I had been told is I refinance and withdraw equity from loan on say property 2 (refinance to...

Hi All, I've been lurking on the forums for a while but have finally decided to sign up. I'm an investor almost more by circumstances rather than by design. I bought my first home a few years ago and subsequently found a lovely woman to couple up with who also owned her own home. When...