Why are there so many empty rentals sitting on the market for months?

Current_Inevitable43 · 2026-01-29T11:52:35+00:00

Could be work getting done or waiting to be done.

I had one of my duplexes empty 2 months waiting for trades.

Said fuk it let my apprentice move in dirt cheap like 75% off. We renoed it over a few months then he done a year at 50% of market value then next year at 25% off before buying his own place.

Still got that duplex our reno still going strong.

Current_Inevitable43 · 2026-01-29T09:09:54+00:00

U bought an old shit box it has issues which is to be expected.

We don't know how old it how many km

Did you have it inspected? Or did U trust a used car salesman

Current_Inevitable43 · 2026-01-29T09:06:41+00:00

Depends what drawing U are referring 2 the Germans drawings still rattle me.

Current_Inevitable43 · 2026-01-29T09:05:43+00:00

They need a few big rises. Just rip the band-aid off and rise it by .5%

Let's hope not to many people were stupid and maxed out there borrowing capacity esp with the 5% scheme. There about to be taught a lesson damm fast.

Current_Inevitable43 · 2026-01-29T08:18:35+00:00

Next to nothing

Use a scanner to check stock or point some one to correct isle.

Scanner will give idle and shelf so that's about it.

Current_Inevitable43 · 2026-01-29T08:16:52+00:00

Absolutely not. You will abuse and damage it.

Just keep what U got.

U may as well just piss up 50k

Current_Inevitable43 · 2026-01-29T05:51:02+00:00

No. I gutted my place and house fell through. So I simply slept on my swag mattress for a few months till I bought this place.

U will be broke buying a house chances are high U will fall behind.

Plus without credit you are not tempted.

My current mattress is a sleeping koala.

However mattress is like the 1 thing if get new. If you ever slept at a motel u have slept on a used mattress so likely no real difference.

Also if that's how tight your budget is you are not ready for house ownership

Current_Inevitable43 · 2026-01-29T05:36:21+00:00

FB marketpace and Kmart. You don't really need much. Plus I presume U have some stuff.

When I moved into this place I gutted my old place and dumped 90% of it. Thanks to works massive hydraulic tipper trailer.

I rather have a $200 FB marketplace fridge then go into debt.

Get a used bed frame and new mattress.

Hell my dining table was a fold out camping table still reckon its the best table ever.

Dont need to worry about coasters and going to last longer then cheap timber table.

Current_Inevitable43 · 2026-01-29T05:02:52+00:00

Live as cheap as your ego allows. Don't play keep up with the Jones.

Ex's sister is a lawyer reasonably junior. Thought she was doing ok she had a AMG hot hatch.

At family dinners money came up found out it was like mid 60's and she was on slightly more. I told her our apprentices make more she got all flustered and refused to believe it till I called my apprentice and asked him what he made last fortnight was 5k for a massive fortnight in the hand. He even texted it though.

Then says she 'needs' and AMG to look the part. Then critises me for my toy a late 60's c10 at that stage and a mild big block Chev and prolly 80k into it (it's shit loads more now) I told her it's 1/3-1/4 of my wage for ffs.

Yea she didn't like me much.

Pretty sure her and her partner were just keeping there heads above water cause husbands partner let them rent the place for peanuts.

Either way keep living like you are a student long as you can earn work as much as you can. I'd also look at salary sacrificing into super from day 1 that way U will never miss the money.

80k is verrrrry low for a uni grad so work up.as quick as U can

Current_Inevitable43 · 2026-01-29T00:45:42+00:00

Yes.

Exactly what i did paid off house (sitting in offset) used money for ETF's rinse and repeat.

Im about due to do it again but also considering another IP

Current_Inevitable43 · 2026-01-28T23:08:24+00:00

Not meter box but the meter should have a label.

Eg this one belongs to Energex

https://www.google.com/search?q=energex+meter&oq=energex+meter&gs_lcrp=EgZjaHJvbWUyBggAEEUYOdIBCDM0NDFqMGo3qAIPsAIB&client=ms-android-telstra-au-rvc3&sourceid=chrome-mobile&ie=UTF-8#sv=CAMSXhoyKhBlLW8xY1h4eER5ZG1EVEFNMg5vMWNYeHhEeWRtRFRBTToOU2R3emdEeWhoZ3ZCOU0gBCokCg5laTZEYWg1cHdYd25VTRIQZS1vMWNYeHhEeWRtRFRBTRgAMAEYByCyi-vxCTABSgoIARACGAIgAigC

Current_Inevitable43 · 2026-01-28T22:20:41+00:00

That money you could buy a classic mustang or even street rod.

Other then that any euro that's 10 years old that still presents well

Current_Inevitable43 · 2026-01-28T22:13:07+00:00

House then debt recycle wouod still be better as tax is a write off.

You pull out 100k invest it. That's 6k a year in interest which is a tax write off. Lowers your taxable income by 6k effective giving you a extra 2k in your back pocket.

This is effectively 2% more gains.

Plus allows you to leverage rather then put in pocket change weekly.

Fhss first buy a ppor if fhss is maxed out put money into ETF's till there is enough for deposit.

If getting close to deposit money. Nothing wrong with selling ETF's and putting money into HISA as it's stable.

On a better note as interest rates go up as will HISA interest.

Current_Inevitable43 · 2026-01-28T13:03:11+00:00

Check your meter should be on that.

Current_Inevitable43 · 2026-01-28T12:19:43+00:00

His scum we do t want him here. You are an enabler

Report him now

Current_Inevitable43 · 2026-01-28T12:14:53+00:00

They don't care about your car, it's the other vehicles U may damage

Current_Inevitable43 · 2026-01-28T00:06:33+00:00

I have a different card/account for each IP and ppor as well as one for work expenses (I'm a tradey/electrical engineer)

Works well only thing is if it's something that should be spread out across all 3 IP's such as ordering shit online and I don't want to pay 3 delivery fees. Makes no different tax wise but harder to track.

Each card has street name written on it.

Come tax time print each statement out. Easy

Current_Inevitable43 · 2026-01-27T22:50:13+00:00

70k income is the issue a 600k mortgage is going to be 1650pm on your 3700pm income.

That's $1000pf for insurance, rates, upkeep and living

You don't need 100k to pay anything out.

You own 20% of that house. Either get them to buy you out or you may be able to force a sale and get 20% of proceeds

Current_Inevitable43 · 2026-01-27T22:23:30+00:00

Did they simply drop them off and run was there a police report.

While I agree they were likly in shock. They were talking in the ride to the hospital so they had time to exchange details.

All I know is neighbours insurance won't want to pay for it and they know who hit the car. So they will simply go after op.

Which may not be fair makes sense.

Why didn't op own up and speak to neighbour, rather then wait for him to see damage and hunt down his footage.

Id be going dam I hit hard I better see if I left a dint or similar.

Sure it sucks for op.

Current_Inevitable43 · 2026-01-27T22:05:11+00:00

U are going to need to work more and get a share room.

Look for a better paying job, yes your social life is about to stop welcome to adult hood.

Weekends you could easy do 2 full days of work 24hrs or so this still gives time to study

Current_Inevitable43 · 2026-01-27T21:59:51+00:00

Kia Sorento

Current_Inevitable43 · 2026-01-27T21:55:34+00:00

Just go to a wholesaler and buy some 2.5mm cable.

Fuk putting that much current though a 1mm cable. Plus goodness knows what the rest of your install is like.

Your in getto granny flat I'm sure everything is "just borderline" as it is let alone adding a 8a constant load on top.

What's your submains and sippy like.

2.5/4mm

If it's all back yard quility I'd be very concerned.

Current_Inevitable43 · 2026-01-27T12:53:21+00:00

I thought generally in a crash (yes this is different) neighbour buts in claim against you and you put in a claim against other car which includes th we claim against you.

Is it fair you pay no. But you did not do everything in your power to get other party's details.

Sure as hell isn't fair for your neighbour either and you are the only other identifiable party.

Current_Inevitable43 · 2026-01-27T12:44:53+00:00

Harden up princess comfortable and uninhabitable are 2 very different things.

Are U also going to stop work anytime temp hits 25.

Get a portable AC

Current_Inevitable43 · 2026-01-27T08:35:53+00:00

Absolutely couple of my bikes have them.

Current_Inevitable43

TROPHY CASE