cheers simon!

how much do they cost?

– Wayne

Wayne Leech

*Below are links to my websites – any feedback, comments would be appreciated:)
http://www.landsearcher.com.au – List your land for FREE (Private sellers only)
http://www.homesearcher.com.au – List your property for FREE (Private sellers only)

Hi Guys,

Thanks for your input:)

After doing some research, and reading your comments – it’s clear that wall mounted reverse cycle units are the best way to go. These units seem very popular and are fairly easy to install.

I actually priced up the house using a 3hp Mitsubishi (26sv) for $1450 and another 1hp unit in the front of the house.…[Read more]

I was going to install reverse cycle wall units, though the floor plan (large windows) don’t allow for this. Therefore to give the tenant decent air con for the summer evapourative seems the best option at the mo…

What do u suggest I do KP?? Got another alternative?

cheers

Wayne

Wayne Leech

*Below are links to my websites – any…[Read more]

thanks purple kiss:) I just got off the phone to Ryan – he’s sending out a quote as we speak:)

Do you mind me asking what air con unit you installed? Was it a Cool breeze system?

This is what he recommended…

Wayne Leech

*Below are links to my websites – any feedback, comments would be appreciated:)
http://www.landsearcher.com.au – List your…[Read more]

jhopper, thanks for asking this. This is why I was asking this question – I saw a place in karatha with this type of lease:)

Wayne Leech

*Below are links to my websites – any feedback, comments would be appreciated:)
http://www.landsearcher.com.au – List your land for FREE (Private sellers only)
http://www.homesearcher.com.au – List your…[Read more]

Julia,

Thanks for the great reply:) Makes sense now:)

cheers!

Wayne Leech

*Below are links to my websites – any feedback, comments would be appreciated:)
http://www.landsearcher.com.au – List your land for FREE (Private sellers only)
http://www.homesearcher.com.au – List your property for FREE (Private sellers only)

Thanks for your feedback – Ibuycashflow:) makes sense now:) cheers

Wayne Leech

*Below are links to my websites – any feedback, comments would be appreciated:)
http://www.landsearcher.com.au – List your land for FREE (Private sellers only)
http://www.homesearcher.com.au – List your property for FREE (Private sellers only)

Thanks Jeff,

When they renew, will this renewal be based on the original lease, or is the lease usually re-negotiated?

Cheers

Wayne

Wayne Leech

*Below are links to my websites – any feedback, comments would be appreciated:)
http://www.landsearcher.com.au – List your land for FREE (Private sellers only)
http://www.homesearcher.com.au – List…[Read more]

Thanks Simon:) Appreciate your feedback:)

In regards to painting – if you had a tenant in the property and then painted the walls would this be classed as a repair?

Wayne Leech

*Below are links to my websites – any feedback, comments would be appreciated:)
http://www.landsearcher.com.au – List your land for FREE (Private sellers…[Read more]

Thanks Shirley:)

Wayne Leech

*Below are links to my websites – any feedback, comments would be appreciated:)
http://www.landsearcher.com.au – List your land for FREE (Private sellers only)
http://www.homesearcher.com.au – List your property for FREE (Private sellers only)

Hi Guys,

Thanks for your feedback:) Yes, I guess when you look at it like that it’s worth doing:)

Do you know if there’s a time lapse on these types of things? Eg, if you don’t claim items of depreciation in the 1st year, you can claim that depreciation in the 2nd year?

btw, Marisa – how’s your little project going? Hope it’s coming together…[Read more]

Hi Myydarl,

Yeah, Scott has given me a quote on getting a QS report done on the property – however I thought I would ask to see if anyone has produce this info in a DIY format? rather than paying for a professional to write a report up…

cheers
Wayne

Wayne Leech

*Below are links to my websites – any feedback, comments would be…[Read more]

thanks yack,

These renos are mainly cosmetics – and such things as installing AC, putting up a pergola, brick paving and so on…

Wayne Leech

*Below are links to my websites – any feedback, comments would be appreciated:)
http://www.landsearcher.com.au – List your land for FREE (Private sellers only)
http://www.homesearcher.com.au – List your…[Read more]

Hi Monopoly,

Yes, that’s right:) I plan to build a new home as #3 (on a block I currently have) then sell this one off to pay a lump sum off the mortgage for #1 & #2 – making them positively gerared:)

That’s the plan anyway[biggrin]

Wayne Leech

*Below are links to my websites – any feedback, comments would be…[Read more]

Hi Guys,

Thanks for your feedback.[biggrin]

Yes, Monolopy – that is my plan. I’m actually thinking of combining and refinancing my current rental in with the new loan for this new IP.

In 2-3 years I then plan to refinanace against these two properties to build another house.

Therefore – my long plan is to keep these properties.

-…[Read more]

It’s a 3 bedroom, 2 bathroom house:)

Wayne Leech

*Below are links to my websites – any feedback, comments would be appreciated:)
http://www.landsearcher.com.au – List your land for FREE (Private sellers only)
http://www.homesearcher.com.au – List your property for FREE (Private sellers only)

Hi Kay,

Unfortunately it’s a standalone 3×2 house. Though that’s for your comments:)

– Wayne

Wayne Leech

*Below are links to my websites – any feedback, comments would be appreciated:)
http://www.landsearcher.com.au – List your land for FREE (Private sellers only)
http://www.homesearcher.com.au – List your property for FREE (Private sellers only)

Hi yack,

I see your point. However my main drive behind increasing the rent is so I can levy against this when I’m apply for a loan for my next rental. Eg, if the rent in higher on this property then this alters what loan amount I can get.

I have about $2k to spend on the property and I’m trying to think of the best way to use this to increase…[Read more]

Thanks Kay, thats a valid point you have.

I’ll check out the current market though I’m pretty sure it is under valued at the moment.

Anyone out there with rentals in the Merriwa, Clarkson area of perth?? Would be good to know what your charging?

Cheers for your suggestions aswell Simon:)

Wayne Leech

*Below are links to my websites – any…[Read more]

Hi Monopoly,

No, it’s a different tenant – though the most recent tentant has been in there for over 1 yr.

Yes, asking the tenant is probably the better way to go.

And yes – jumping the rent by $20 more for these enhancements would be more resonable:)

Thanks for your feedback:)

Wayne Leech

*Below are links to my websites – any feedback,…[Read more]