From: Denise Macadam
My complaint about this sight is i spend so much time reading - printing out the bits I find very interesting and whish to save, i am losing time on other projects - if you weren't all so knowledgeable and helpful i wouldn't be so far behind!!!!!
Its very kind of you all to contribute so much toward helping/enlightening others - do most of you work full time?
My question:
I have a two bedroom Queenslander in a very trendy part of the East side of Brisbane, paid $280,000, rents for $250.00 week. With your experience what do you think are the qualities that a tenant is looking for, not sure what to do with the place.
It doesn't have a dishwasher, has a nice new kitchen though - but does need a new stove, Was contemplating picking up a dishwasher from the auctions and having it installed - do you think that is a must? - or is the stove a higher priority for tenants or should i do both???
Have a small room -very big walk in/storage room between the two bedrooms accessed from the hallway - do I keep this as a great storage/ closet for both rooms, or do i turn it into an en suite, accessed from the main bedroom. It needs painting inside and out, (more outside actually) I wish to get this done soon, do I wait for the tenants to move out or have you had experience having something like that done whilst still tenanted - was it a pleasant or unpleasant experience????
It has a good sized block with really lovely gardens etc - a three car, in poor condition garage/carport - i was think of replacing this with something lockable....
What do you suggest i do to maximize rental returns obviously, and i am keeping in mind the need to keep the value up on this property as i wish to have it revalued and buy another Ip within six months.
My complaint about this sight is i spend so much time reading - printing out the bits I find very interesting and whish to save, i am losing time on other projects - if you weren't all so knowledgeable and helpful i wouldn't be so far behind!!!!!
Its very kind of you all to contribute so much toward helping/enlightening others - do most of you work full time?
My question:
I have a two bedroom Queenslander in a very trendy part of the East side of Brisbane, paid $280,000, rents for $250.00 week. With your experience what do you think are the qualities that a tenant is looking for, not sure what to do with the place.
It doesn't have a dishwasher, has a nice new kitchen though - but does need a new stove, Was contemplating picking up a dishwasher from the auctions and having it installed - do you think that is a must? - or is the stove a higher priority for tenants or should i do both???
Have a small room -very big walk in/storage room between the two bedrooms accessed from the hallway - do I keep this as a great storage/ closet for both rooms, or do i turn it into an en suite, accessed from the main bedroom. It needs painting inside and out, (more outside actually) I wish to get this done soon, do I wait for the tenants to move out or have you had experience having something like that done whilst still tenanted - was it a pleasant or unpleasant experience????
It has a good sized block with really lovely gardens etc - a three car, in poor condition garage/carport - i was think of replacing this with something lockable....
What do you suggest i do to maximize rental returns obviously, and i am keeping in mind the need to keep the value up on this property as i wish to have it revalued and buy another Ip within six months.
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