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So, tenant of two years left our property recently. It's all in reasonably good condition, except they did a pretty poor job of cleaning the oven. The rental agent did not pick it up. What advice would you have re bond? Should I try and request the cost of a clean from the bond? Or just...

No, it was paid on 30 June. I didn't expect it.

So for the first time my tenant elected to pay rent in advance - six weeks of it. As a result, I received double the rent I expected this month - and received it on June 30 (end of the month). As a consequence, my end of year tenancy statement has another ~ $3,000 on it that I did not...

They're also a fraction of the cost of AC. I do intend to install it at some stage - but it has quite a long lead time (strata approval, etc).

Where are your properties located? But as per above, insurers costs have significantly risen over the last 2-3 years; the cost of reinsurance is a lot higher. (Unless you've been living in a bubble, you might have noticed we've had a few storms, bushfires, floods etc.)

I haven't decided as yet. Any recommendations? I was looking at this place http://www.lifestyleclotheslines.com.au - but they seem a little more expensive than others. (I realised my < $300 place was actually in Perth; this place works out to be $394 with installation.)

Thanks all for your assistance. I had a feeling this might be the case. As a newbie, it's a bit silly to allow things like these to be deducted at 2.5%; the current one would be less than five years old, so it's not an item that is going to last forty years.

Thanks. The tenants are in there now and I'm replacing it (after they've signed the lease and moved in)...

Hello all, I have a question with respect to replacing a clothesline at a rental property and wonder whether this could be considered repairs/maintenance, as opposed to capital works (and therefore, be fully deductible, instead of @ 2.5% per year). Firstly, I have just acquired the...

^ Good point. I think I'll just go with the basic screens for now then; when I move in I might want to make other adjustments anyway.

Ok, thanks all. I'll get a few quotes. Perhaps simple fly screens aren't as expensive as I thought (makes me wonder whether I should ask the same of my landlord!).

The tenants are requesting them on the bedrooms doors, essentially. Apartment doesn't really have windows. Just lots of sliding doors.

I suppose I was more thinking of the sturdier security screens than fly screens. Sort of like these, perhaps: http://www.accentblinds.com.au/security/security-doors/ Might be a bit sturdier. One thing I don't want to do though is put in anything that isn't that nice aesthetically.

Still a bit of a newbie at all of this - it can't be deducted though, can it, as it's a capital expense? Doesn't it just increase what I am able to depreciate the property by (unless that is what you were referring to as a deduction; the ability to depreciate it). Thanks for the feedback! :)

Hi all, Question for you insightful people. I have a new set of tenants that have signed a lease for my property. At the point of putting forward their application they did not request anything to be done, but on signing the lease (which is now signed), they have asked whether I would...

Well, I wasn't trying to be too specific with the loan amounts as you never know who reads these forums, but the loan is closer to $700k than $600k. It's also a lot cheaper than one particular lender I visited (cough, Westpac, cough).

Thanks - my LVR is actually around 89.5% - so below the magical 90%. To be honest, I wasn't aware there was so much variability in LMI pricing.

Well, 90% + LMI - but the LMI is calculated on the actual LVR (excluding LMI) (financier uses Genworth; the calculation is correct per their calculator here: http://www.genworth.com.au/homebuyer-centre/homebuyer-tools/lmi-premium-estimator/ ). It's a large loan, I suppose (I said ~ $600k; that...

True - LMI is ~ $14k (which I think is quite reasonable given some of the prior estimates I've had).

Sorry to hijack the thread but out of interest what is a reasonable rate for 90% LVR (just under 90%) for a loan ~ $600,000? Current best offering I have is around 5.72% (100% variable, offset).