Thanks so much everyone for your comments. You've expanded my awareness around this issue. I'm going down to inspect the house on Thursday so will definitely take a camera with me. Depending on what I find I will then look into Breach notices/residential tenancy acts and possibly discussing the situation with him/calling the police. Thanks again

Thanks

Awesome !Thanks Guys !

Hey Guys,Firstly thanks heaps for the above, i didn't fully understand the concept of the offset account before but now it makes sense. Regarding the above advice though, there's something else i need to throw in that will actually change everything… ( i think..)My house is not actually an investment property, it's a PPOR…. In my mind it's an…[Read more]

Hi everyone,I'm in a similar position to GameTime except that i already have the house (with mortgage of course) and not really any cash in the bank.My current intention is to pay down the mortgage as fast as possible so that the house reaches a point where it's positively geared. I want to do this, not so much for positive cashflow but  more for…[Read more]

ok thanks very much

Sorry, i got a little confused by some of the articles i read online.The stamp duty discount i'm referring to is a principle place of residence stamp duty concession, not a first home owners stamp duty concession.

Thanks littleaussie, it is really good to hear that a) You've done this before and b) you'd do it exactly the same way again I've already chosen a loan and it doesn't have an interest only/LOC option but it has a honey moon rate period of 3 years which makes my repayments lower and probably comparable to those on an interest only loan at a…[Read more]

damn… ok thanks guys, good to know. Cheers

How about your try house sitting?There are websites around that that match up people going away on holidays with people who want to look after their places….My cousin does this and has lived in some really cool places, eg. a mansion in kew! (melbourne).Of course you'd have to have a place of backup in between house sits but keep in mind that…[Read more]