The last words a landlord ever wants to hear from a tenant is ‘see you in court’, but in some situations taking legal action is sometimes the only option. If the tenant doesn’t pay their rent and/or there is another legitimate reason why a landlord wants to evict the tenant, after the usual eviction process.
Balancing the past few months with a healthy sense of optimism, here are four reasons why property investors should be cheerful. Low vacancy rates in Newcastle We were looking over our rental vacancies recently, and the good news for property investors is, they are generally continuing to stay low – in fact, quite a bit.
We’re living in a mobile world where there seems to be an app for just about everything and property management is no exception. There are apps out there which offer end-to-end management, creating online applications and vetting tenants, arranging rental contracts, automating payments and boasting seamless communications. With claims of saving time and money, using.
Investing in property is exciting, especially for new investors. However, like every financial venture, it’s good to know what to avoid as well as what you need to consider. Here are some typical mistakes real estate investors make. Approaching only one financial provider Every property investment journey starts with financing, and it is imperative you.
One question we get asked a lot is ‘is now a good time to buy an investment property’? With record low interest rates, mortgage deals to be had, and government grants available, yes, we strongly believe now is a good time to buy. But with COVID bringing a degree of economic uncertainty into the equation,.
If you’re new to investing, you’ll often hear the terms negative and positive gearing, but what exactly do these terms mean, and why are they important? Whether it’s for property or other investment opportunities, gearing is the term used when borrowing money to invest. When it comes to property, the way your property is geared.
Looking for the perfect tenant somewhat sounds like a personal ad: “Must be financially independent, be respectful and law-abiding, keep a good home and be willing to commit to a 12-month relationship. The applicant will ideally also have good communication skills. Previous applicants need not apply.” At least when it comes to vetting and selecting.
Good news for investors and home owners! Recognised as the most authoritative indicator of Australian housing affordability, the recently released REIA (Real Estate Institute of Australia) Housing Affordability Report shows housing affordability has improved slightly in the June quarter. What the report means for investors Over the June quarter, rental affordability in New South Wales.
Investing in property is probably looking to be a very attractive way to invest for many people right now. As well as interest rates sitting at an all-time low, and the Government giving incentives to help the market, other forms of investment aren’t fairing that well. While property owners with a mortgage or other type.
Depreciation (sometimes refers to as ‘capital works deductions’ by ATO), is one of those things which new property investors hear about but often don’t actually realise the extent of its potential tax benefits. Most investors are aware costs such as interest, property management fees and ongoing maintenance are all tax deductible; however, with interest rates.
