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finance, tax and the law plus lots more….
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Can you guess how many pets there are in Australia? Well, there are actually more pets than people! According to the RSPCA, there are more 25 million pets in our country. But here’s the thing: it’s estimated that more than half of rental properties have a no pets policy. So what do these statistics mean?…
As property investors, we are in the business of providing shelter to our clients – our tenants. In the interest of our own bottom line, it is imperative that we pay attention to the accommodation we are providing to ensure our returns are maintained and our property remains an attractive commodity in a competitive market….
Rental growth has been flat around Australia according to Domain’s latest Rental Report. The national median rental price for houses remained steady at $442 over the September 2018 quarter, while the median unit rental price fell by less than 0.5% to $461over the three months to September. Here’s how our capital cities’ rental markets performed over the last…
Buying your first property heralds the beginning of your investment journey, but it does not end with signing that contract and getting that property title. That home or apartment is not going to make money by itself, so for savvy investors, the natural next step is to rent it out and make a killing off…
Property managers can be the best thing to happen to investors, as they take away much of the stress of personally handling your investment property. If they’re not up to the task, however, they can also be your worst nightmare. Many investors get into real estate initially because they are excited about the potential to…
As a landlord, it’s important to know your responsibilities around methamphetamine contamination – both for your tenants’ safety, and to ensure that you’re adequately covered. So what is methamphetamine? Methamphetamine, commonly known as ‘P’ or crystal meth, is a toxic and addictive drug. Side effects of its use can include mood swings, paranoia, aggression, anxiety…
Not too long ago, savvy homeowners would’ve included their bank manager on their annual Christmas card lists. The name probably would’ve sat quite near the top. In fact, they might’ve even sent a present. Maintaining a relationship with the person who ran your local branch was seen as being just as important as knowing an…
Property investment remains one of the best ways to create wealth but success depends on much more than just property selection and location. You see… property investment also involves people – namely landlords (that’s you) and tenants. Throughout the residential tenancy, you as the landlord have various responsibilities which must be upheld. Across the country, there is state-specific…
The REIV recently gave their take on the Melbourne rental property market Victoria’s vacancy rate stands at 1.8 per cent in July 2018. The weekly median rent for houses in metropolitan Melbourne remained at $450 in July. In regional Victoria, the weekly median rent for houses remained at $330 per week. The weekly median rent for units…
You can’t have successful property investment without tenants but too many landlords pay scant regard to their tenants – to their financial detriment. I’m sure you’re aware, one of the keys to property investment success is cash flow and that generally comes from your tenants paying rent for your property over the long-term. Many novice…
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