I've noticed most people talking of prices in capital cities, and the conclusion being that prices will not fall by 40%.We invest in regional Victoria and I predict that prices will not fall by 40% here either. Our town has a population of 7692 and with the new Aldi store opening recently and a new KMart and Coles supermarket currently being built…[Read more]

I've rented a house with a spa and I think I only used it as a spa half a dozen times in a year. I wanted a bath for my son and spas are really to big to economically use to bath a child. Needless to say, we used the shower all the time.Now as a landlord, in my opinion, installing a spa will not increase your rent, so the return on investment is…[Read more]

JacM wrote:
littleaussie: who are you insured with?

We were insured with RACV landlord's insurance but they would NOT cover us for floorboards or rubbish removal or cleaning when the house was trashed. The house needed to be repainted and they would not cover that either. They did pay for the loss of rent though.Since then, our new agent has…[Read more]

Hi,If I was in your position I would consider having a chat to a mortgage broker. We go to (an Aussie home loans) broker as they have access to all of the bank's loans and can source a loan suitable to your needs. They don't charge you any fees for their services as the bank who you choose pays Aussie for referring you to them.Also I noticed a…[Read more]

Hi,I can understand your problem. One of my investment properties was trashed last year and the polished boards were severely scratched. The tenant lost her bond but it was impossible to get any money to cover the repairs. Since then I have paid a little extra for landlord's buildings and contents insurance. My policy covers accidental and…[Read more]