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In most investor’s journeys there comes a time when a friend or family member could potentially become a tenant. The question, of course, is should they? There are benefits to having someone you know and trust living in one of your properties, but the line between a personal relationship and a commercial one can be…
You’ve finally bought your first investment property, and now you need to find someone who’s willing to move in, pay their rent on time, and take good care of the place. Or perhaps you’ve been a landlord for some time, but you much-loved perfect tenant has decided to move on, and you’ve no idea how…
Just over two-thirds of Australian households own a pet. Of these 38% are dog owners and 29% are cat owners. In addition to this, just over half of the people who don’t currently own a pet admit that they would like one. Australia has the highest rate of pet ownership in the world. Only America, where…
If you’re planning on buying a new home or investment property governed by a body corporate or strata, you’ll need to know how much you’ll be stumping up each year in fees (and what those fees cover). These annoying levies are a necessary evil; without them, your body corporate can’t adequately manage and maintain the…
Which Aussie capital saw the most significant rises and falls in median rents month-on-month? Rent.com.au has released its latest report for October 2018 based on property leasing data. The report illustrates the shift in Australian median rental property prices (both metro and regional) rental affordability and days on market. Monthly Highlights: 3 of the biggest…
As a landlord, you have a lot of different things to consider when taking on new tenants – including the type of tenancy agreement you want to offer. Essentially, there are two types of different tenancy agreements: fixed and periodic. If you’re relatively new to property, it can be confusing to know which one might…
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…
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