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 consider installing fly-screens on the property.
I am wondering about peoples thoughts on this.
Firstly, I expect it would cost at least $2,000 to install (I am not especially aware of what these things cost, so that is a random guestimate), depending on the number of doors they are requesting they be installed on (I have three single sliding doors and one double sliding door in the property, and I think they're probably around $400 or so a door). Plus I would need to get strata approval etc.
Secondly, the rent has already been agreed without the fly screens - I am not sure whether it justifies increasing the rent to account for it.
Thirdly, I wonder whether there could be alternatives (fly spray?, using one of those automatic dispensers) they could use (or that I could consider supplying).
Fourthly, the tenants do pay a decent amount of rent (it's a 2 bedroom property going for $650+), and the property does not have air-con, so this is perhaps a reasonable alternative (as they can't exactly just keep all the doors closed sometimes).
Fifthly and finally, it is a property that eventually we do want to live in ourselves and this is something we had planned to do in the future. So it's not a wasted investment in that sense.
As a very new reader - and property owner - your thoughts appreciated.
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 consider installing fly-screens on the property.
I am wondering about peoples thoughts on this.
Firstly, I expect it would cost at least $2,000 to install (I am not especially aware of what these things cost, so that is a random guestimate), depending on the number of doors they are requesting they be installed on (I have three single sliding doors and one double sliding door in the property, and I think they're probably around $400 or so a door). Plus I would need to get strata approval etc.
Secondly, the rent has already been agreed without the fly screens - I am not sure whether it justifies increasing the rent to account for it.
Thirdly, I wonder whether there could be alternatives (fly spray?, using one of those automatic dispensers) they could use (or that I could consider supplying).
Fourthly, the tenants do pay a decent amount of rent (it's a 2 bedroom property going for $650+), and the property does not have air-con, so this is perhaps a reasonable alternative (as they can't exactly just keep all the doors closed sometimes).
Fifthly and finally, it is a property that eventually we do want to live in ourselves and this is something we had planned to do in the future. So it's not a wasted investment in that sense.
As a very new reader - and property owner - your thoughts appreciated.