Short-term lettings are under the spotlight again following changes to the State’s short-term letting laws. The new rules aim to address impacts such as noise levels, disruptive guests and effects on shared neighbourhood amenities. Strata owner corporations now have the power to introduce by-laws prohibiting the short-term letting of houses or apartments in their block.
If you’re new to property investment, it’s very easy to sit back and think “now I’ve bought the investment property, I can watch the money roll in”. And indeed you can, but for new landlords, it’s worth noting there are some things you need to keep on top of so the money does continue to.
From bogus consultants asking you to sign up to a fictional government program promising financial incentives to an African prince or princess offering you a cut of several millions if you help them get money out of the country, there are unfortunately a lot of unscrupulous people looking for ways to relieve you of your.
There is a saying along the lines of ‘making your first million dollars is the hardest part’; unless you’re lucky enough to win the lottery or inherit a million, this is absolutely true! It is hard when you start with nothing – but it’s not that hard, and you can do it if you really.
It’s that time again! With the end of year just around the corner, now is the time to start thinking about what you’ve spent over the past year and gather paperwork and receipts. If you’re looking to make the most of tax deductions in the last financial year, there is still some time before 1.
Mindset is talked about a lot these days; you need the mindset for this and the mindset for that, and you need the right mindset for investing in property. Going in with a half-hearted attitude or giving up at the first challenge is not what property investment is about. Investing in property is within.
You know the general market rate, however looking at your property, is there anything else you can do to increase its rental value, or at least make it more attractive for potential tenants? With over 40 years of property management behind us, we know of ways to improve your property that don’t cost the earth,.
The latest figures* released by the Australian Bureau of Statistics (ABS) shows property investment is still in many people’s reach and many are using negative gearing to help them reach their financial goals; figures show 62 per cent of people who negatively gear one property have taxable incomes under $80,000. Breaking the figures down by.
As a landlord, you need to maintain a good relationship with your tenant. As well as making both your lives easier, it will also encourage your tenants to stay longer because they are happy with where they live. Plus, a good relationship will contribute to your tenants caring for your property and treating it as.
If you want to achieve your property dreams and goals, it’s important you have the right mindset. There will be times when paperwork seems overwhelming or you come across some other challenges, but when times get tough or a bit difficult, to keep ourselves motivated, we always say, everyone needs somewhere to live. Property has.