Oops I’ve already said this in the other topic about Keeping tenants happy, but I suppose I should rather ask here:
What do people think about the value of installing a dishwasher?
Celivia

I like this topic to get ideas!

My brother had tenants with 2 little kids and around Christmas time he used to pay for a carpet cleaner and a couple of hours worth of housecleaning. Everyone loves to have their place looking fresh and clean before Christmas. (It also keeps your carpet in good condition.)

What do people think of the value of…[Read more]

I am also interested if you don’t mind, MJK, just to look into it as I find it really hard to find time as well when you have kids and a busy life. I’d appreciatre it, here’s my email: cvanzal@bigpond.com.au

Oops Steve, I forgot to mention that these termidtecta devices do NOT keep termites away, they’re only detecting them, just want to make that clear.
Apparantly they’re made of a kind of timber that the termites find much yummier than any other kind of timber, so when you’ve got termites they will go for these devices first and then start on your…[Read more]

Thanks I will do! The property we just bought doesn’t have antcaps, so I thought it might be worth to install these termidtecta thingies if they’re recommended by the termite association.
I’ll let you know what they said as soon as I find out.

Hi there Fudge, I’d love to see a copy if you don’t mind, thanks.
cvanzal@bigpond.com.au

You’ve got a good sense of humour Bill.[:0)]

Interesting, 007. Which city and direction?
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What about the PIA software from Jan Somers, is that good? Does anybody have it?

Has anyone heard of something new on the market, called designcrete? It’s something similar as the cement stencilling you can have done outside, but the designcrete looks and feels like ceramic tiles, must be some ceramic stuff they spray on. I came across it on
http://www.designcrete.com.au/

I was interested in having this done to my own…[Read more]

Anastasia, I just want to tell you that Simon has recently organised a loan for me, and he’s great! He’s been very helpful, I had no hassles whatsoever so I strongly recommend him. Above all, he offers great advice as you’ve noticed already, something I really value (and desparately need!).
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Good luck!

Jan Somers, in her book Building Wealth in Changing Times, she shows you how much in assets you need if you want to retire today. There is a whole chapter on retirement and how to plan for it, I recommend reading it. Then you can adapt it to your own preferred strategy.

Bad luck, the house came on the market on Thursday and a few days later, on Tuesday, day after labour day there was an ‘under contract’ sticker on the for sale sign! My neigbours were offered the asking price. Gee 13 months ago they bought the place for $227K so they did very well. Wish I had bought it then! And I was taking my time leisurely…[Read more]

I believe that it is best to take out an interest only loan for your IPs only if you are still paying off your PPOR.
Because the interest you pay on your own house is not tax deductable, and the interst on your IP is tax deductable.

But I think that once you’ve paid off your own home, it may be better to have a P&I loan for your IPs, so as to…[Read more]

Just a question, do you think that properties in small towns with a population of under 5000 would be harder to finance than IPs in bigger towns?
Cheers Celivia

Thank you people for your helpful comments.
Kym thanks for making me aware of these issues, I will do some research and look at costs etc. Didn’t know things were this complicated.
Regards Celivia

Hi, just want to tell you a story you hopefully will enjoy about PM in Amsterdam, where I come from, now we are on the topic of inspections. Because there is and has always been a housing shortage, most people have a lifelong lease. If you want to move, you’ve gotta find someone through papers/internent who wants to swap houses with you. My…[Read more]

CraigC, thanks for your reply. The only reason that I didn’t want to invest in places with a population less than 10,000 is because many people keep telling me this is high risk, hard to find tenants, low CG etc.

I’m glad this forum thinks differently, it helps to see that others, like you, Westan and Eccles, have something positive to say about…[Read more]

Taylah, this is a good topic to bring up. I live in a Sydney suburb (outer ring) as well, and also find it very demanding to go out to physically look at properties at Rural towns, especially when you have kids.

I start by looking on RE websites, if I see something good I contact teh RE Agent with questions about the property, if it still sounds…[Read more]

Hi Andy, I am certainly not an expert, but owning your own home and living in it as I see it is very special and gives you freedom and security. I wouldn’t go back and rent and have inspections, having to ask permission for every little thing etc.
Could you not, instead of selling it, take out a line of credit and invest with this money, or get a…[Read more]