Use our articles from leading experts on Property Investment Negotiation as your guide – from how you could get started in property investment in Australia, the common mistakes to avoid, tips on buying property and a range of advanced property investment topics like the psychology of successful property investors, property finance, tax and the law plus lots more….
Welcome to Property Investment Update. If you are interested in creating wealth through property investing – browse our site to get tips and strategies you can trust from Australia’s leading real estate investment, tax, property development and finance experts. To keep up to date with regular market updates, please click here
What is the difference between ‘wear and tear’ and ‘damage’? It’s a conundrum faced by many landlords, agents, and tenants, but why is it so confusing? Well, it is because there’s a very fine line been the different types of damage. Let us break it down for you… What is wear and tear? Normal wear…
Have you ever heard the saying “stay in your lane”? Essentially, it means stick to what you’re good at, and it can be applied to lots of things in life. Accountants don’t tend to cut their own hair, teachers don’t service their own cars – so what makes you think you can handle the sale…
As a property investor, it’s your job to maximise the return of your assets. One way to do this is to maximise your rent. Here’s a list of 10 ways to do this that I’ve learned over my 20+ years in property management which has now allowed me to oversee the team that manages properties for…
Whether you’re a renter or rental provider (the “official” new name for a landlord), there are a new set rental rules that you should understand. In fact there are over 130 changes to the legislation – too many to outline here, but I’ll try and provide a summary for you. The new rental laws are…
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…
I once knew of a young tenant who was the epitome of an A-grade tenant. He paid his rent on time, rarely asked for any repairs or maintenance, kept the house in good condition, and was overall very pleasant to deal with. Things continued in this manner for several years, until one day, it slowly…
Deciding to sell a property, whether it’s an investment or your own home, is a big step. You might be planning to upsize, downsize, relocate, or let go of an investment; regardless of your motivations, selling your property comes with a lot of considerations. Choosing the right real estate agent is key in helping you…
Today we look at the most common tenant complaints and how to overcome them. It’s no secret..apartment living can sometimes be an exercise in diplomacy. Keeping everyone happy in a multi-unit dwelling is no easy task. However, when problems arise and relationships sour all hope is not lost. You wouldn’t think having a vegetarian…
Ask any long-term landlord and they will probably say they have experienced the highs and lows of property management. In fact, many investors have learned the hard way about property managers who don’t do much more than collect the rent – and sometimes that doesn’t happen either! Now, every industry has its bad apples, but…
Far too many novice investors falsely believe that their property managers are entirely responsible for their investment properties. They adopt a “set and forget” mindset and blindly hand over the care of their investment to someone who probably is overworked and underpaid! Savvy investors, on the other hand, understand that while they might hand over…
