Hi All
Been reading the forum every morning for the past 2 years, It's like an adiction. Now I have a delimma which need your inputs.
We want to move close to work so that the travelling time is less and we want to convert our current PPOR to an IP and buy another house closer to work to live in.
My current PPOR has been recently renovated with porcelain tiles in the kitchen, hallway, dinning room, family room, lounge room and the normal wet areas such as laundry, bathrooms and toilets.
Picture is attached:
Many relatives and neighbours said that we are mad to rent out our beautiful home, we should sell instead because the tennants will destroy our house.
We did not want to sell as the land has potential for future subdivide and build another house at the back.
I have a couple of IPs but they are not as nice as our PPOR and have not experienced (yet) any tennant damaging our IPs.
My main concern is the tennants may damage the tiles.
Have anyone experience tennants damaging tiles in their IPs?
I will have Land lord and content insurance.
Thanks in advance for your inputs
Regards
BaoT
Been reading the forum every morning for the past 2 years, It's like an adiction. Now I have a delimma which need your inputs.
We want to move close to work so that the travelling time is less and we want to convert our current PPOR to an IP and buy another house closer to work to live in.
My current PPOR has been recently renovated with porcelain tiles in the kitchen, hallway, dinning room, family room, lounge room and the normal wet areas such as laundry, bathrooms and toilets.
Picture is attached:
Many relatives and neighbours said that we are mad to rent out our beautiful home, we should sell instead because the tennants will destroy our house.
We did not want to sell as the land has potential for future subdivide and build another house at the back.
I have a couple of IPs but they are not as nice as our PPOR and have not experienced (yet) any tennant damaging our IPs.
My main concern is the tennants may damage the tiles.
Have anyone experience tennants damaging tiles in their IPs?
I will have Land lord and content insurance.
Thanks in advance for your inputs
Regards
BaoT