You’ve sorted the finance, signed on the dotted line, and the keys to your investment property are in your hands. After you’ve popped the champagne and celebrated, now what happens? Here are the next steps to becoming a successful landlord: Health, safety, and minimum standards Rental properties come with a number of health and safety.

We take out insurance to give us peace of mind so we are covered should the unexpected happen, however, there are some things which landlord insurance won’t cover. Insurance companies do need to strike a balance between providing cover for the most common landlord risks while keeping their own risk manageable and policy costs affordable;.

Sometimes referred to as ‘capital works deductions’ by ATO, many property investors think depreciation only applies to new properties. However, investor owners of older properties, shouldn’t be so quick to dismiss it, as they could be missing out on some of the associated tax breaks association. What is depreciation? Depreciation is calculated and projected (or.

No matter how unlikely the event, accidents do happen, people do get injured and property does get damaged; this is why we take out insurance for our assets. Insurance also helps cover costs associated with liability (legal responsibility) for damage or injury caused to a third party. However, insurance can be complex and there are.