Hi Nevilleg,

Probably not if is brand new but just in case you still would like to get the inspection done. A cheaper option is to find building inspection service via yellow pages or google. Archicentre charge a premium for their service. We were looking for an interior designer to get the concept drawing done and the quote I got from Archicentre is $200 higher than the local one… in fact the designer would have been the one Archicentre would recommend.

Panda

Melb was a bit quiet due to AFL last weekend

panda

Hi AAQ,

Don't be too upset, I got -257

Hi Qlds007,

If is wrong please correct. We are all here to learn.

This is what I was told by my own accountant.

Cheers,
Panda

Hi All,

I've done something similar. Have 1IP across Monash Uni, 3 bd. Good thing is the rental return is better than renting a whole house.

CONS is you have to make sure your tenants can get on well with one another. Else your house will end up like a mess b/c everyone refuse to clean.

Be careful if you are renting across uni, I found many students will "sub-let" your lounge without letting you know. I.e putting partition in the lounge to create two rooms and then renting it cheaply to other students.

I now have a very trusted, long term tenant to look after my lease for two other rooms and he had a say whenever I get another tenant in the house. Still better return compare to renting a whole house.

panda