In 2007, laws changed to allow SMSFs to borrow for property investments if they met specific compliance rules. This led to a surge in super-funded property investments from 2007 to 2017, totalling around $45 billion. However, major banks withdrew SMSF borrowing products between 2017 and 2018 and super contribution rules were tightened, making this strategy…
People have enjoyed the companionship of animals for thousands of years, but can we protect their futures by leaving them property in our wills? Around two-thirds of Australian homes have a pet of some sort. Not only do dogs and cats protect our homes from unwelcome visitors, but they also provide fun, and friendship and…
Are you trying to build enough cashflow so one day you can exit the Rat Race? Spruikers everywhere are using this to lure in many unsuspecting victims, we see it all around us from Facebook to Instagram and beyond. In reality, there is only usually one person who achieves this cashflow dream and that is…
The Australian property markets are continuing to defy all those who predicted a downturn this year with an eleventh straight month of price increase in November, reaching a new record high. However, according to PropTrack, some markets are seeing growth slow as more sellers take their properties to market. The latest PropTrack data shows prices…
Just about everywhere you look in Victoria, you’ll find someone struggling with housing – whether they own, want to buy, need to downsize, aspire to build, or are looking to rent. This is a grim snapshot of the current situation. Melbourne has the fourth least affordable housing market in the world, with a median dwelling price…
A tenant refusing to leave the rental is one of those nightmare scenarios no landlord or agent wants to have to deal with. But it’s one you might have to. So if your tenant isn’t budging, what’s next? Not paying and not leaving… It’s all well and good to have legitimate grounds to request your…
$20 million… $30 million… No, it isn’t the lotto jackpot. It’s the amount of ‘legal liability’ cover likely to be included in a landlord insurance policy. The sums represent lots of zeros, but just what is liability cover and why do landlords need a cover with seven figures? Landlord insurance policies cover a lot of…
How safe are your properties from defects? A new report by The Strata Community Association New South Wales (SCA NSW) has revealed that more than half (53%) of all strata buildings had serious defects between 2016 – 2022, with an estimated $79 million being spent by owners corporations to rectify these issues. This survey was…
Have you dreamed of living a house in the suburbs? Well, according to the latest survey from Compare the Market, the majority of people across Australia, Canada and the United States would prefer living in suburbia rather than to live in a city. The survey interestingly revealed that more Australians prefer suburbia compared to the…
When it comes to tenant damage in landlord insurance policies, insurers generally consider there to be three types – accidental, malicious and deliberate/intentional. These types are based on the intention – or cause – behind the damage. Why does this matter to you? Because not all insurers cover all three types of tenant damage. In…
