Australia's largest stock trading and investment forum Australia's #1 stock forum

Housing prices would drop if it were truly like that and tenants...

First 18 Last

Share
Profile

Follow
trent3727

6,458 Posts.

210

10/03/24

16:06

Post #: 72832459
Share

Originally posted by nursery: ↑

Tenants are the leaches. I will never again invest in rental properties. The law lets them destroy a house, and there is little you can do about it. The last one I rented out was a disaster. It was left wrecked and filthy after finally getting rid of them. They got 4 weeks behind with the rent, so the bond was gone. Then I had to give them four week's notice to quit. another four weeks unpaid rent. Then a repair bill of $3,600. Plus another $500 cleaning fee.

Another one used the paling fence as a source of firewood. The fire was on a sheet of galv iron on the lounge room floor which also made a mess of the polished wood floor. They also kept chooks in the kitchen by taking off cupboard doors and putting on wire netting.A leaking water bed had ruined a bedroom carpet. At least the rent was paid because it was paid by some charity organisation finding them accommodation.

A better bet is storage units. The rent gets behind and you lock them out until it is paid up to date.

Expand

Housing prices would drop if it were truly like that and tenants were leaches.
2 Upvote

Reply

Top Stories

PRU

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

CBA breaks trading record on strong day for Aussie financials

RMX

Red Mountain Mining: record gold prices, two projects, two greenstone belts

BIT

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

OCC

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

As Nvidia cools, we're looking to Aussie AI

QML

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

LAM

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

SBW

Shekel Brainweigh investor presentation webinar – the future of retail automation

There are more pages in this discussion • 1,202 more messages in this thread...

First 18 Last