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Definitely got a few years in the house of Detention, and the local assistant bailiff whom I had befriended became a prison guard where they were housed. Man did h give them heaps.Bad news about your destroyed house. I hope the perps were caught and suitably punished.
We were told by the local court's magistrate that 9 months was the standard time to evict.Yeah, believe me on this, if you ever have a bad tenant you will very quickly learn A: just how utterly impotent the legal system is and B: why dirtbag landlords just send a couple of guys over to deal with such a problem.
It's the same thing with problem neighbours and anything else you care to mention really - vanishingly few of them genuinely do not know/see anything wrong with what they are doing, the vast, overwhelming majority of them know full well that what they are doing is wrong, they just don't care. So you have to *force* them to stop, if you take my drift.
Hence my previous neighbours' dogs story.
The problem with that one in my view is a broken system.Amen to having tenants, not any more for us.
Feeling no abiding need* to stay on message in the Inflation topic or respect Forum Decorum* ... we had a neighbour, a tenant, who was evicted.We were told by the local court magistrate that 9 months was the standard time to evict. The wheels of the Court turn ever so slowly.
My last rental it wasn't a brilliant house, but was on a triplex block, the house was fibro and the old couple I bought it of had built it years ago.We were told by the local court's magistrate that 9 months was the standard time to evict.
The wheels of the Court turn ever so slowly.
As you have suggested there re other means to move them on.
They are but only when you use one of the accounts that requires you add X amount to it per month to get the "bonus" rate.On the downside, interest rates. Not rates per se but banks passing on the increases. Suffice to say most of the cash I've got is in the brokerage account and I see that's not on the list of accounts where the bank is increasing rates. Damn.....
In my case the reason is simple - ultimately that cash will end up in shares.You're obviously exposing yourself to monthly rate fluctuations rather than locking one down for the year
Mr sp my wife is in the same boat as yours.My last rental it wasn't a brilliant house, but was on a triplex block, the house was fibro and the old couple I bought it of had built it years ago.
Centre passage three bedrooms to the left and a large lounge and large kitchen diner on the right, clean and tidy.
So I rented it to a young couple and as I wasn't that invested in the house I said they could have it for 1/3 of the going rate, as long as they looked after it.
Well long story short the walls were painted with gothic spray painted pictures, I said enough is enough time to go, ended up very badly even after eviction notice they didn't leave, they levered off the bailifs lock and bypassed the electricity meter etc.
Well in the end I went round and demolished the place myself, that worked well, lucky I have a couple of really big sons.
The wife wont entertain another investment property, even though there has been some great bargains, as I say 'happy wife, happy life' so shares it is.
And so as the law protects even the worst of the worst tenants.Feeling no abiding need* to stay on message in the Inflation topic or respect Forum Decorum* ... we had a neighbour, a tenant, who was evicted.
From the leased car being repossessed, to the realisation the Sheikh of Dubai wasn't going to pay him A$5mill, he managed to stay in his $1000 a week apartment for 20 weeks until the Sherriff evicted. Process being served ... the owner had to employ an agency, the notice was given, the ultimata delivered, then the assembled weight of the law moved. Twenty minutes to pack a garbage bag of essentials, then a week to arrange a removalist with just 1 hour to get things out. He didn't do that, so owner had to then arrange a removalists to empty the place AND store it for up to a month allowing for possible claim .... He didn't, so things went to Salvos, tip.
Out of pocket $30k??
*as some poster blocks me, and I don't see this thread narrative, hence there no compunction to stay on topic, and I'll do a FMG. If said blocker somehow reads this, please don't worry. You're a fool, I'm a winner by not having to read your nonsense.
So you still have justice in WA..pleasantly surprised....Definitely got a few years in the house of Detention, and the local assistant bailiff whom I had befriended became a prison guard where they were housed. Man did h give them heaps.
And taxed for the privilege so definitively neg returns .With all that being said, interest rates are below the inflation rate so you're still getting negative returns in real terms, don't forget that.
I have been summonsed by the local police dept as a witness for them to appear in court later this month.So you still have justice in WA..pleasantly surprised....
Yes a lot of the institutions have dropped the punitive penalties associated with breaking a term deposit, so with a rapidly rising cash rate it is often worth re negotiating.In my case the reason is simple - ultimately that cash will end up in shares.
Just not right now. When I'm not sure so I'll wear the pain of not being locked into higher rates etc.
But for anyone who does have cash they intend keeping as cash, better rates are available I certainly agree and it's worth looking around.
yes , a largely ignored factWith all that being said, interest rates are below the inflation rate so you're still getting negative returns in real terms, don't forget that.
and deemed if a pensionerAnd taxed for the privilege so definitively neg returns .
Most definitely. those days of 17% still haunt me, though we did own what we lived in at the time.yes , a largely ignored fact
the big gotcha for me ... is a better lace to deploy the cash ( now or in the near future ) but being a baby boomer i have seen this before in the '70s and '80s but one still needs to be careful
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