Found Deceased Australia - Karen Ristevski, 47, Melbourne, Vic, 29 June 2016 - #1

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  • #161
It's crazy rare to put a Caveat on a tenants house. We've leased shops for decades and I can't think of ever even considering such a move, we have also had tenants get months behind in the rent and let it go on because retail has been tough and you'd rather have someone in there (shop leases are typically 5 years), but eventually you just evict them if it seems the business is not going to recover. I think it's very rare, but perhaps the landlord had been offered the option because the tenants were desperate to stay in business and it was to avoid an eviction.

It is a fair sized shopping centre, with tenants such as Big W and Target, it is a different scale to individual investors renting to retailers. I imagine if they already have lawyers it is a relatively straightforward thing to do that prevents them losing money.
 
  • #162
I have a very hinky feeling that everything is not as it seems with this case. Did Karen inexplicably disappear of her own choosing?

I am feeling the same way. It is a few things, I find the nature of the relationship with the Johnson's of interest, and the lifestyle versus the debts, how the daughter described her mother's reaction to the money fight. Usually if it is the family member who did it fronting up to discuss with the press, there is a performance - I'm thinking Baden Clay, Kristi Abrahams, John Sharpe. To me he looked upset and then he looked angry and overwhelmed when confronted, there was no duplicity. I think that is a reasonable response for an innocent man. I think he was too distressed to speak to the press as per his relative's statements, but is trying to do what's necessary. Reading elsewhere and between the lines I don't think the family want the publicity and are forced to do it because the situation is so dire. Lots of stuff is coming out that is going to blow up their lives. It would be such a relief if she has taken off, perhaps with someone's assistance, because it all got too much for her. If this is the case I hope she makes contact asap or someone does it on her behalf.
 
  • #163
It is a fair sized shopping centre, with tenants such as Big W and Target, it is a different scale to individual investors renting to retailers. I imagine if they already have lawyers it is a relatively straightforward thing to do that prevents them losing money.

Either way you'd just evict the tenant, cancel the least, offer them an out etc. It's only rent! It would be rare to do this, shopping centers are managed by a central body similar to strata, but you can still purchase shops yourself in shopping centers unless the whole thing is owned by a corporation or similar .. regardless, it's rare, normally if someone is unable to make the rent they'd close up the shop. I'm not sure how it would get to the point of the caveat, but maybe the landlord was hard nosed and had had enough of being ripped off.
 
  • #164
I worked a few days in a small shop in a huge Westfield centre. Centre management called and asked for the weeks takings. I told them that's none of their business so when I called the owner she laughed and said they take a percentage of the takings over and above the rent. My shock horror!

Also I believe the larger shops don't pay rent, it's the smaller shops who do to have the privilege of having the retail traffic.
 
  • #165
I worked a few days in a small shop in a huge Westfield centre. Centre management called and asked for the weeks takings. I told them that's none of their business so when I called the owner she laughed and said they take a percentage of the takings over and above the rent. My shock horror!

Also I believe the larger shops don't pay rent, it's the smaller shops who do to have the privilege of having the retail traffic.

It'll be interesting to hear how far behind they were and why they were allowed to continue trading.
 
  • #166
I have a very hinky feeling that everything is not as it seems with this case. Did Karen inexplicably disappear of her own choosing?

I had that same thought as I went to bed last night. If she did, I dont think her daughter knows, as a mother would she be able to put her daughter though something like that? They are the questions that came to me as soon as the thought of maybe she has just walked away from problems.
 
  • #167
I had that same thought as I went to bed last night. If she did, I dont think her daughter knows, as a mother would she be able to put her daughter though something like that? They are the questions that came to me as soon as the thought of maybe she has just walked away from problems.

I guess the same way as fathers put their kids through the horror of killing their mothers ... some people act for selfish reasons and leaving is way less horrific than murder. Not all mums are nice, and then others are under enormous pressure, or struggle with a mental illness. If she is alive, someone is surely helping her, $850 doesn't go that far if you need to rent somewhere to sleep, she has no car, and I assume the police would quickly check for secret accounts. I really really hope this is what has happened.
 
  • #168
I just had a thought, maybe the tenants have to show collateral to rent a shop in that particular center to protect the landlord in cases like this?
 
  • #169
What if the argument wasn't really about money?
If yesterdays fb ramblings are true, maybe they were fighting about that instead but her husband couldn't tell police that???
Just a thought
 
  • #170
More cryptic ramblings in the last few hours from a certain individual
 
  • #171
I cant work out if he is trying to "confess" to something or trying to tell that his dad did it...very strange, i'm sure the police have someone watching what he posts but he seems to be unravelling
 
  • #172
More cryptic ramblings in the last few hours from a certain individual

Perhaps riding on coattails? Whatever, Karen's disappearance has clearly brought up some very serious issues here. Whether there is any truth to the ramblings, this is one disturbed individual who blames his father for what he alleges happened.
 
  • #173
Land was purchased in 1994 for $125,000. The home was built in 1996. Given that the land sale is the only recorded transaction, it would seem the home has been owned by the one family since then. A nice new build plus the land should have been easily managed or paid off over the time. Substantial amounts of money must have been subsequently borrowed against the property (before it was transferred solely into Karen's name) for them to be in such a dire financial position for over a decade.

https://www.realestate.com.au/property/23-oakley-dr-avondale-heights-vic-3034
 
  • #174
I'm not sure I'm on the right page, but if I am, that is one very disturbed individual! There seems to be an awfully lot of resentment too. I'm thinking the truth will come out in the end, whatever that may be!
 
  • #175
I cant work out if he is trying to "confess" to something or trying to tell that his dad did it...very strange, i'm sure the police have someone watching what he posts but he seems to be unravelling

It does sound like a confession, doesn't it?
 
  • #176
Land was purchased in 1994 for $125,000. The home was built in 1996. Given that the land sale is the only recorded transaction, it would seem the home has been owned by the one family since then. A nice new build plus the land should have been easily managed or paid off over the time. Substantial amounts of money must have been subsequently borrowed against the property (before it was transferred solely into Karen's name) for them to be in such a dire financial position for over a decade.

https://www.realestate.com.au/property/23-oakley-dr-avondale-heights-vic-3034

Or it could have been Karen's house - that's 20 years ago - her daughter is 21 and maybe not his daughter.

It is also around the time his and his brothers business folded.

It's possible that Karen already had/was building the home when their relationship commenced.
 
  • #177
  • #178
Land was purchased in 1994 for $125,000. The home was built in 1996. Given that the land sale is the only recorded transaction, it would seem the home has been owned by the one family since then. A nice new build plus the land should have been easily managed or paid off over the time. Substantial amounts of money must have been subsequently borrowed against the property (before it was transferred solely into Karen's name) for them to be in such a dire financial position for over a decade.

https://www.realestate.com.au/property/23-oakley-dr-avondale-heights-vic-3034

Maybe they borrowed against the value of the land to build the house, then kept borrowing against any equity they had in the property to keep the business afloat, I can see how they'd get into the negative pretty easily .. Sometimes people go for those interest only loans too and so they never get ahead.
 
  • #179
Perhaps riding on coattails? Whatever, Karen's disappearance has clearly brought up some very serious issues here. Whether there is any truth to the ramblings, this is one disturbed individual who blames his father for what he alleges happened.

I believe him and think it's an interesting insight into the family .. It's disgusting really, but he sounds credible to me and he has a right to be furious at Karen and his father. He should have gone to the police, but victims never do until the damage becomes apparent later on. I feel for the lad.
 
  • #180
I'm not sure I'm on the right page, but if I am, that is one very disturbed individual! There seems to be an awfully lot of resentment too. I'm thinking the truth will come out in the end, whatever that may be!

It's no surprise that he's disturbed and resentful IMO. Could be an interesting trial though!
 
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