From: Adam Randall
Hello
I have a months worth of holidays coming up and if I use it going to Thailand I might not come back, so I will be doing some renovating around one of my rental properties.
I have 2 choices 1) Pave around the pool area and create a water feature, along with a few other improvements I won't go into. This little project will be in the order of $5000 to complete, however it will reduce maintenance (no lawn).
Choice 2) Get rid of the awful mission brown paint that coats every dead bit of wood within a 50SQM radius of the house (replace with heritage green/cream combo), shelter all the decks (3) from the elements, and update all fence palings with something that does not remind you of the Brady Bunch era. Total cost will be about $5000 as well.
The house is valued at about 320K and I get about 400 week rent. I would be interested in hearing which project people here would pick, and why, I could be swayed either way at this stage, I am always cautious of overcapitalizing which leads me on to another question $45 per square meter for outdoor sandstone vs $31 from another company the expensive one looks nicer, and am told can withstand a direct atomic detonation, however thats a difference of $1000 taking into consideration the area I will be paving. My question Is, Is it worth it?
Regards Adam
Hello
I have a months worth of holidays coming up and if I use it going to Thailand I might not come back, so I will be doing some renovating around one of my rental properties.
I have 2 choices 1) Pave around the pool area and create a water feature, along with a few other improvements I won't go into. This little project will be in the order of $5000 to complete, however it will reduce maintenance (no lawn).
Choice 2) Get rid of the awful mission brown paint that coats every dead bit of wood within a 50SQM radius of the house (replace with heritage green/cream combo), shelter all the decks (3) from the elements, and update all fence palings with something that does not remind you of the Brady Bunch era. Total cost will be about $5000 as well.
The house is valued at about 320K and I get about 400 week rent. I would be interested in hearing which project people here would pick, and why, I could be swayed either way at this stage, I am always cautious of overcapitalizing which leads me on to another question $45 per square meter for outdoor sandstone vs $31 from another company the expensive one looks nicer, and am told can withstand a direct atomic detonation, however thats a difference of $1000 taking into consideration the area I will be paving. My question Is, Is it worth it?
Regards Adam
Last edited by a moderator: