If you’ve been considering renting out a house you own, or buying a house to rent out, you have things to think about. While owning a rental can be a good way to make some extra money, there are concerns that should be taken very seriously. You need to take a good look at the…
Articles by Jhai Mitchell
Jhai is the Internet Marketing Business Development Manager for Elders Toongabbie and Kings Langley. He has been consistently quoted in the Sydney Morning Herald and Real Estate Business online. Visit his blog at www.realestatesevenhillsnews.com.au
I hear many stories where some buyers have been gazumped and others who struggle to obtain the right information from the agent to submit an offer. We even have sellers who don’t trust their own real estate agent. All of these things and many other grey areas do not lead to the best result for…
Are real estate agents honest, do they bend the truth or are they just trying to do the job without being sued? Sometimes I wonder why real estate agents have consistently had a bad reputation over many years. In my experience of working for different real estate agencies I have come across the good the…
It is a common perception that real estate agents are not trustworthy and will do anything to get a deal across the line. First of all this is not true but because of this perception we are the most heavily legislated and most watched industry in Australia, with over five government departments keeping us in check. Most real estate agent’s although they won’t…
I have had some landlords ask me: “Should I sell my property to my current tenants? They have taken great care of the property and treasure it”. Though this may seem the rational thing to do, but will the tenants pay a premium price for your property? We will go into some pros, cons and the…
Should you allow your tenants to undertake maintenance in your investment property? Now with all the D.I.Y. shows on TV everybody thinks they can do a professional job and a lot of people underestimate the skill and profession that tradesmen put into their work, not to mention the expensive tools. Many landlords think it saves money to have tenants perform…
It is important to realise that listing your property for sale will probably be one of the largest monetary transactions you will ever be part of. When selling your property you should take it seriously and choosing an agent should be done carefully, so do your research. One of the biggest things to keep in mind is to…
Common sense may make you think that if a property does not sell, there must be something terribly wrong with it, right? Well that is a true statement to a point. In a strong market that homes are selling, there must be something terribly wrong with a home that doesn’t sell. But opposed to popular belief, it’s…
Some have unrealistic expectations that their property will remain in exactly the same condition at the end of the lease as when tenants first move in. The reality is though, that wear and tear on a rental property will occur over time. Landlords should expect a level of wear and tear on their rental property while it is being…
I have had some landlords approach me and ask: “Should I sell to my current tenants? They love the property and have taken good care of it”. This seems logical but the big question is: will the tenants pay a premium price for your property? Let’s go into some of the pros, cons and potential costs involved…
