Ajax, I think you win with that one.

Another# landlord puts house on the market and expects the tenant to be completely flexible when it comes to open inspections and showing potential buyers through, even asking the tenant to vacate the premises during these times to make it easier for the landlord despite the fact that the tenant is still paying market rent but unable to make full…[Read more]

There will be a Murphy's law for tenants too starting with #1 Tenant signs a lease and moves in, two weeks later agent puts house on the market#2 Tenant requests several times that the landlord fix the dripping taps. Landlord "forgets" request or simply ignores it so tenant fixes these things himself in an attempt to get the job done and tries to…[Read more]

HiAs a long term tenant of rental properties I can understand their upset at the sale process but they are still being very unreasonable. I have been in rental homes that have been offered for sale while I've been living in them and it is quite a disruptive process. Mind you, none of them have ever offered me a reduction in rent during the sale…[Read more]

I got 46 and could apparently survive until 16 October 2007. I better start storing away the nuts.

Hi MarcWe only intend to start out small but right now we're starting from zero so I want to do as much research as I can before I take any leaps. We don't have to live so close to inner city Brisbane but when I moved into this house it was on the expensive side but I shared with my sister (my then young daughter also) and half the rent was small.…[Read more]

Hi Louise.Wow. You really did do well to get so far. I love to hear stories like this because it just reassures me that it it is possible. You're right though about getting into the market at the right time. Properties are much more expensive than they were only a couple of years ago. By the calculators that I've used which are outlined in all the…[Read more]

Hi NicoleI did. I was surprised! I told my sister and she didn't seem to still think it was worth much. I'm already so much wiser from all the suggestions that have been made on this forum and so glad I found it. I'm well on my way to making decisions about where to go from here.

Hi PendoYou offered to help me with a list of financial planners/advisors in my area. Can you provide me with your email address?Thank you

Hi everyoneI've been away from the computer for a few days but thank you to everyone for your fantastic suggestion. I knew if I put the call out there I'd get some feedback. While what may now seem like a good idea to you all I'm sure it was hard for you too to know where to start. I guess we get caught up in the feeling that it seems impossible…[Read more]

Hi OkkamooieWe haven't yet discussed what to do with the land. I have no idea of the details of it and my sister claims not to have either. It's always one of those touchy subjects with the family and when I bring it up they all change the subject as if the mere fact of discussing would have my father turning in his grave as we might be considered…[Read more]

Hi againFirst of all to answer v8ghia. We currently pay $280 per week in rent which is really very cheap for the inner city suburb of Brisbane in which we live. We have a private deal but our landlord has just had the place appraised so he can increase the rent. We've been here six years and paid the same rent the whole time. The house needs lots…[Read more]

Thank you all so much for your advice and interest in my situation and for sharing your stories with me. I'm very glad I stumbled across this site. I am determined to make it work and whether it means buying an IP first (I now know the lingo) or not I'm not sure. I have been to one lender to see how much we may be able to borrow and while I wasn't…[Read more]

Hi Handy AndyThanks.We have no pay TV. The cars are both owned outright and really cost next to nothing to run. My husband needs his car for work (he gets reimbursed for all his travel expenses) and I have to transport two children around and get to work. Hard to do with a pushy or using the God awful public transport system in Brisbane.We have…[Read more]

I do have one question right now.My father died four years ago. He owned a small but invaluable property (and also another property that he sold on vendor finance) that he had left to his five children. We've been wrangling with his solicitor to transfer the estate to my sister as executor. This is just happening now.  There are small regular…[Read more]

Hi everyoneFirst of all thanks for the feedback and the replies. I appreciate the honest answers you've given me. I realise my circumstances are not unlike a lot of others. It's just a matter of sorting through the myriad of information and trying to make sense of it. There is a lot out there and I will continue to do my research.I have done…[Read more]