When it comes to property investment, a property manager is your biggest ally (after your buyer’s agent that is!). Why? Well because put simply they deal with all the day to day drudgery that you just don’t have the time or patience for. They are also a valuable buffer between you and your tenants so …
Every landlord’s dream is to have a houseproud tenant who treats the property like they would their own home, however, this is easier said than done. The scary truth is that it can be really difficult to tell whether someone will make a good tenant or not. While no background check is foolproof, there are …
We all hate paperwork, and legal mumbo jumbo so consider this your micro-dose of essential need to know info about lease agreements. It’s what you need to know so you can understand what a lease agreement should include, what your obligations are and what the tenant’s obligations are. If you have a good property manager, …
It’s that dirty little three-letter word….tax. I bet there is not a single Australian who enjoys paying taxes – yet we all participate in the annual ritual which is the end of the financial year. It’s kind of like Christmas, but for grown-ups where we go to the man (or woman) and find out whether …
No doubt you understand the importance of first impressions in personal or professional situations. It’s been scientifically proven that it only takes people a few seconds to form an overall impression and judgment which sets the tone for everything else to follow. The same goes for properties! People will get a gut feeling within the …
You wouldn’t drive a car uninsured, so the same goes for your property. You want to make sure it is appropriately insured to make sure you are financially protected. In 2018, Travis Adams from Perth learned this the hard way when he discovered his tenants had trashed his investment property – leaving him tens of …
The number one goal of any prospective investor is to buy a great investment property – easier said than done right? Here are a few tips to help you narrow the search. 1. Decide on your financial requirements When it comes to an investment property, there are 3 directions you can go in terms …
Property development can be an extremely lucrative form of property investment, allowing you to create massive chunks of capital gain in relatively short periods of time. Property Development includes activities like complete renovations, improvements or extensions of existing buildings along with the purchase of undeveloped land with the intention to build or subdivide. Unlike the …
When it comes to renovating an investment property, there is one golden rule you must obey – and that is to renovate with profit in mind. This is a very difficult mindset for many people to enter. Why? Well, people let their personal tastes, preferences, and feelings color the process – meaning the often waste …
When it comes to getting on the real estate ladder, many young people have a strong fear of missing out. They know that the longer they wait, the higher prices will get higher – leaving them behind. Although their fear of missing out is strong, sometimes it’s no match for a different kind of fear …
