With the Insurance Council of Australia (ICA) declaring the recent flooding on the New South Wales’ mid-north-coast a catastrophe, home and/or property insurance is once again in the spotlight. One of the many questions property owners should ask when reviewing their property insurance is, what actually does their insurance provider define as a flood? After.
From start-ups and investment bonds to gold and cash investments, when it comes to different types of investment opportunities, we’re not short of choice in Australia! Depending on what your short and long-term financial aims are, probably two of the most common investment options many of us consider are property and shares. Yes, we know.
From smoke alarms requirements and pool safety to discrimination and animals, real estate and property management does come with a few rules and regulations. It is not a legal requirement to use a property manager and landlords do have the option to self-manage, in fact, according to the Real Estate Institute of Australia (REIA), property.
Are you too busy working to make money? We are all guilty of saying ‘I’ll get round to it’, and three years later, that box of junk at the back of the garage is still waiting to be sorted….. Work/life balance isn’t always easy; there are bills to pay, a family to entertain and a.
If the thought of paperwork makes you shudder, you’re not alone! We’re all guilty of shoving the paperwork in a drawer and putting it on a ‘to do’ list. From rental applications, invoices and receipts, to leases and inspection checklists, paperwork is quite possibly one of the most tedious part of the rental process. However,.
The latest lending figures from the Australian Bureau of Statistics show the value of new loan commitments to investors rose 9.4 per cent. This is a 22.7 per cent rise through the year. What’s more, this growth has been particularly strong in New South Wales, with the ABS charting the 6.7 per cent rise in.
Committing your investment property to a tenancy with what essentially is a stranger may seem a daunting prospect, but the trick is to find the ‘perfect stranger’ to sign on the tenancy agreement dotted line. Credit checking and referencing are essential parts of finding your perfect tenant, but asking the right questions and looking the.
Many people believe spring is the best time to sell a property; gardens are looking great and buyers are often keen to get the property purchased quickly so they can be moved in and settled in time for Christmas. Never underestimate the general feel-good factor of moving from chilly winter months into lighter nights, warmer.
Purchasing the property is just the start of your property investment journey. The key to success is managing it properly and making it work for you. Here are ten tips to help protect and grow your investments: Maintain the maintenance Keeping your asset well maintained makes it a better place to live; no-one wants to.
What was your 2021 new year’s resolution? Was reviewing your finances and looking at buying an investment property one of them? We’re already into February… but don’t worry, if you haven’t done anything about that resolution, the Chinese New Year on 12 February gives you a second chance to make good on that promise. What’s.
