Hi All,
have just raised the rent from $160 to $170 pw, the trade off is that I maintain the pool over summer period. $55.00 per month.
I have offered to do this twice over summer period only. My PM is giving me mixed messages, stating that “Landlords with Pools should maintain pool all year round, or should purchase a creepy crawley”.
Cost of creepy crawley -$650Anyone out there shed any light on this. Any feedback would be appreciated.
My tenant does not maintain the pool over winter, at present it requires $300 to clean it up. I will obviously not be prepared to pay this amount.
PS
Yeah, I know dont buy IP with pool….
Also, dont wish to remove pool at present time, WA is a hot hell in summer.I cant offer you advice based on experience with a pool in an IP, but you’re now making an extra $10pw, which is obviously $520 each year if the tenant stays. Minus $110 for the current arrangement, you’re left with an extra $410. Not bad, but could you claim the cost of the creepy crawley in depreciation in years to come?
Just a thought, as then that $650 wouldn’t seem as bad as it may at the moment.
(“,) $$$ HoLdEnCoMmOdOrE $$$ (“,)
Just thinking out loud….
What happens if I don’t clean the pool in my investment property which was rented out as a property with a pool and, for example, the tenant or their young child catches some unusual disease from some funky kind of algal bloom. Imagine if that poor child dies.
My insurance (if I have any) company might try and get out of paying because I did not clean the pool even though I was collecting a premium rent for it. Their excuse would be that funky kinds of algal blooms could cause death which was a foreseeable outcome by the average person. No cover means no more house and whatever else of value you own would be gone to pay the family of the dead boy who died in my pool.
Robert Bou-Hamdan
Mortgage AdviserM: 0414 347 771
E: [email protected]
W: http://www.mortgagepackaging.com.auFREE Finance-Related Newsletter: See – http://www.mortgagepackaging.com.au/index_files/newsletter.htm
Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty Ltd
Hi,
We are tenants with a pool, and wish our landlord took an interest.
It is our responsibility to maintain the pool, fair enough, but we don’t have the tools to do it with. We have no hoover attachment, so it is impossible to get all the crap off the bottom of the pool. We have asked the owner, and he said we didn’t need anything else. We haven’t had a pool before, so we didn’t know any better. So for the last few weeks we have had an unappealing green pool, in spite of maintaining chemical levels, and regular testing and advice from the pool shop.
We vowed to approach the owner agian, but it is actually his dad’s house (he was in care), but he died at the weekend, so it is not a good time for demands.
BTW, my kids swim in this green water all the time, can they really get horrible diseases??[blink]
Ear infections are very common from dirty pools. Who knows what else they can get?
Robert Bou-Hamdan
Mortgage AdviserM: 0414 347 771
E: [email protected]
W: http://www.mortgagepackaging.com.auFREE Finance-Related Newsletter: See – http://www.mortgagepackaging.com.au/index_files/newsletter.htm
Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty Ltd
Hi Marisa,
we have pool maintenance and lawn mowing included in the rent with $15. The pool guy charges $37 + chemicals which brings it to about $42-45/month all year around. Lawn mowing is only for 6-7 month a year at $25.We supplied our tenants with a Kreepy Crawly and a pool brush. I want there kids to be as save as possible when using the pool. It is just like an insurance.
Also if the chemical level is maintained your chlorinater cell may last a bit longer, that is if you have a saltwater pool.
jsandso
Hello everyone, thanks for your replies which I appreciate.
I have now agreed to pay $300 for pool to be cleaned and will also maintain the pool over summer period – $50 per month.
The tenant has agreed to maintain over winter period.I also found out today unfortunately that Kreepy C is about $895, will possibly look at this next summer. I am also considering getting a quote for a pool cover.
I was also advised that my public liability insurance covers me if there were an accident/injury on property including pool.
Hi Marisa,
i think that as a landlord you have an obligation to arrange for all parts of your IP to be in good order and either arrange for tenants to look after things such as mowing, pool etc or charge rent accordingly. decaying organic matter in pools can harbour diseases such as hepatitis a and ecoli bacteria and i would hate for anyone to get sick let alone want to see the ensuing court battle,
cheersDid everyone know that NSW was the second most litigious State in the world after California?
Things are getting ridiculous. Either we sue each other on a whim or people are just getting dodgy or desperate and everyone is ripping each other off.
Robert Bou-Hamdan
Mortgage AdviserM: 0414 347 771
E: [email protected]
W: http://www.mortgagepackaging.com.auFREE Finance-Related Newsletter: See – http://www.mortgagepackaging.com.au/index_files/newsletter.htm
Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty Ltd
Hi Marisa,
I would suggest that you maintain the pool properly and also get the rent reviewed to ensure that the tenant is paying market rent + premium for the pool. This way the property becomes a little more attractive to a would be tenant and increases your gross returns.
Correct and proper maintenance of the pool will also send the right message to your tenant – I look after this place and expect you to do the same. And, if you were to sell, sell in summer and gains extra $ because of the well maintained pool.
Derek
[email protected]Property Investment Support Available. Ongoing and never stopping.
agree 100% with Derek
Thanks for all the replies,
Just thought I would let you all know that after some negotiating with tenant I have now raised the rent from $170 to $185 which is market price. I have someone who maintains pool each month.
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