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  1. Rixter

    Would you add air con in your IP?

    Over the past 15 years the 3 most common things I find tenants (& owner occupiers) look for (in no particular order) are: 1.Security - for themselves & property they own 2.Spaciousness - room to move without being cluttered by their belongings 3.Comfort - heating &/or cooling in the form of...
  2. Rixter

    Would you add air con in your IP?

    From CF perspective, cheaper to borrow the funds than to pay $14k for the AC from after tax dollars... one's a hit to your cash flow, the others paid from pre-tax CG if/when the property is sold.
  3. Rixter

    Would you add air con in your IP?

    Why anyone would use their own money to take a $14k hit to their cash flow is astounding when they can use OPM cheaper. :eek:
  4. Rixter

    Would you add air con in your IP?

    Adding an AC IMHO is a win/win situation for all parties concerned. You get the AC installed from borrowed funds and increase the weekly rent by $10 or what ever the going market rate is. The supply and installation in cash flow terms only costs you $55 per $1000 spent ($1000 x 5.5% interest =...
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