Recent content by candyinvest

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    Does deaths in the house affect sale price?

    Is this a factor? or I don't have to worry about it? I am looking at a property from deceased estate, would it be hard to resell/lease out later? Thanks
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    tenant complains cooling not cool enough

    I have just leased out my old PPOR (4 year old, now IP) last month and the new new tenant is now complaining the evaporative cooling unit is not cool enough and request it to be serviced. Although I have no problems to organise and pay for the service (the company quoted me $190), I actually...
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    renting to a 8x-year old

    Yes, my biggest concern in about her health and death (although she looks very healthy now)... Does anyone know what responsibilities (if any) or loss it would occur if that does happen?
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    renting to a 8x-year old

    Not meant to be discrimination, but would you lease your property to a single 8x years old? any concern? Thanks Background, this applicant has very good rental history and has her own investment property which provides her very good return.
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    What to do?

    This will be my investment
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    What to do?

    This property was listed as 570-620 last week. Went to the inspection on sat and online price changed to 650. Talked to the agent and he said he got 3 written offers from 600-620 and vendor is definitely selling. I really like this home but can't afford anything over 630. Should I just submit my...
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    what interest rate are you paying at the moment?

    I have been talking to a few banks recently and am surprised how low the rates are on offer now...all variables with offset account provided - NAB - 4.78% HSBC - 4.85% ANZ - 4.89% Commonwealth - 4.88% Is anyone paying lower than these?
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    Point Cook, VIC

    It still takes quite a while for Point Cook to really grow... it lacks of infrastructure in so many ways.
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    50-60m to a train line

    Is it a poor property if it is just 50m away from a train line? Hard to sell/lease? I am looking at one property and it is very close to a train line but it's price is 15% lower than the market value (due to the train line). So what is your opinion on this? thanks!
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    Asbestos?

    Is there an easy way to tell a house has asbestos or not? I am going to inspections and want a quick way to avoid the asbestos houses.... Also, is asbestos as bad as it sounds? Thanks!
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    Lender Mortgage Insurance, good for IP?

    I went to the bank to get a pre-approval and she advised me to take LMI as it is tax deductible and I can maximise the Loan amount. So, for $500k property, if I borrow - 95%, LMI is $16000 - 90%, LMI is $8600 is it more beneficial if I take this option? (in terms of tax return/negative...
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    Put all eggs in one basket or diversify

    Depends on your income, age and wish. It seems too risky to me if you need 80% of the $1.2m loan. $1m loan takes at least $5k repayment at the current low interest environment for 30 years and you can't claim any tax on the interest as PPOR. If I were you, I would diversify it. Buy a...
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    Albion, Keilor East, airport west and Keilor Park

    Thank you so much for your detailed opinion!!!! really appreciate it!
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    Albion, Keilor East, airport west and Keilor Park

    I am looking to invest $450-$500k and want a 3br + land house. Which suburb would you recommend at the moment? Is it a big negative if the property doesn't have garage? coz most of the old ones only have car ports or driveways... Or, is it too hot to invest at current market? Appreciate any...
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    PM quotes me $3.5k to clean up the unit!

    My tenant left with 2 months rent in arrear and some rubbish/furniture in the unit. I inspected the unit and found the damage not too severe. (some dirty hand marks on walls, dirty carpet, 2 trashed roller blinds) But today my PM quotes me 3.5k to clean up the house. Is it excessive?? it...
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