As a landlord, ensuring the safety of your tenants is not only a moral obligation but also a legal requirement. Fire safety is a critical element of property management, and understanding the regulations surrounding smoke alarms is essential to protect your investment and the lives of those who occupy your buildings. Legislative Framework The primary.
The new strata laws that took effect on 3 February 2025 in NSW have changed the way strata managing agents are required to disclose information to owners’ corporations. These changes are designed to increase transparency and ensure that strata managers are upfront with owners about kickbacks and conflicts of interest. The expanded disclosure requirements mandate.
Last month, property analyst Hotspotting announced the data from its Summer 2024 Price Predictor Index, which assessed the suburbs with the steadiest conditions for long-term capital growth. NSW saw ten suburbs on the list, and our very own Charlestown in Lake Macquarie was up there with Lithgow and Springwood in the Blue Mountains as a.
While we are in the second month of the calendar year, we have just celebrated the Chinese New Year, so it’s still timely to suggest some resolutions for property investors for 2025. This year, it’s the Year of the Snake; apparently, it’s all about strategy, transformation, and smart investments—qualities that perfectly complement property investment! So.
The kitchen is often referred to as the heart of the home, and for good reason; it’s a space where meals are prepared, families gather, and memories are made. For investors looking to upgrade their rental properties, a kitchen renovation can significantly boost property value while attracting high-quality tenants. However, kitchen upgrades come with a.
As we head into the countdown to Christmas, many the ‘to-do’ list seems to get longer. To save you having to check it twice, here is our tick list of what property investors should do over the holidays: Share the goodwill Consider buying your tenants a present, especially if they’ve been excellent tenants. This can.
The rental landscape in New South Wales (NSW) has just undergone a major overhaul, with new laws aimed at creating a fairer and more balanced market. While these changes offer greater protections for tenants, they also bring new responsibilities and challenges for landlords. Whether you’re a seasoned property investor or just starting out, it’s essential.
Halloween is traditionally the scariest night of the year, but don’t let investing in property add to the fear factor! Here we take a look at five fears people have of investing in property and suggest ways to overcome them. 1. Financial commitment and risk Fear: One of the biggest fears related to property investment.
Flickering lights, pest infestations, leaking roofs… does this sound like a scene from a horror film? Sadly, some tenants do find themselves in rental properties that would send a shiver down anyone’s spine (and they aren’t properties in our care we hasten to add!). Under the Residential Tenancies Act of 2010, landlords have an obligation.
Australia’s property market has reached a new milestone, according to CoreLogic’s October Monthly Housing Chart Pack; the total value of residential real estate climbing to $11 trillion for the first time, increasing by $900 billion over the past 12 months. While CoreLogic Australia Economist Kaytlin Ezzy attributed the slowdown in price growth to increased listing.
