When it comes to residential property management, there are definitive rules that must be followed in order to ensure landlords don’t end up facing a cantankerous residential tenancy tribunal judge! One of the areas that can create confusion is lease renewal and termination of tenancies and exactly what rights and responsibilities both the tenant and…
Articles by Pamela Yardney
Pamela was a founding director of the Metropole Property Group. She co-authored the top selling book "The Australian Guide to Buying & Selling Your Home." In her articles she freely shares her years of experience as a property investor & developer and a property management expert. Visit Metropole.com.au
With vacancy rates around Australia being the lowest they have been for many years, many property investors can look forward to a rental increase this year. What has changed?
At times of slower property price growth; let’s be honest – no price growth in some areas, property investors count on rising rents to boost their investment returns. The fact is, since the beginning of 2006 rental growth across the combined capital cities has outpaced the growth in home values.
When it comes to managing your investment property to ensure you get the best possible returns, nothing beats the inside scoop from a property management professional who knows the ins and outs of looking after landlords. So we thought…why not share our top six tips on how to best manage your investment property, compiled by…
As Australia’s property values continue to rise onward and upward, it would seem rents are set to head in the same direction – and at quite a rapid rate. Tenants who may have been keen to get into the housing market, but were having difficulties due to affordability issues and rising interest rates will soon…
The first step toward successful saving is to determine your goals – what do you specifically want to save your money for? What is it you want to buy? We assume that because you are reading this article your main goal right now is home ownership, but that’s a little too vague for the purpose…
Whilst investors are enjoying the fruits of an extremely tight rental market at present, with historically low vacancy rates across all capital cities, this is no time for landlords to become complacent about the upkeep of their investment or over-confident about keeping their property occupied. Spending a bit of time and money sprucing up your…
One of the realities of Property Management is that people move house and tenants move on. Wouldn’t life be easier for all of us if once settled in a property, tenants were happy to stay for longer periods? Not so – that’s just the way life is. Now with low vacancy rates tenants are moving…
Put some furniture into your investment property and get higher rents and some extra depreciation allowances. On the surface it sounds like a simple and a smart thing to do, but in general I don’t recommend that investors furnish their rental properties. We have found furnished investment properties more trouble than they are worth.
While rents are rising and this is music to an investor’s ears, it is still important to focus on the yield your property is delivering. I advise our clients to try and improve the cash flow on their properties. To do this you have to do one of three things; 1. Increase your rental income…