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.
Everyone has an opinion when it comes to property investment, particularly if you look at the internet! Having worked in the industry for over 40 years, we’ve definitely heard our fair share of misconceptions. If you’re thinking of starting out on your property investment journey, or just need some reassurance you’re on the right track,.
As we come to the end of 2020, we’d like to say thank you to everyone for all your support during what has been an extraordinary year. We’re very grateful for your understanding as we worked through the implications of the new tenancy laws, and also for everyone’s patience as we implemented the safety guidelines.
If your rental property’s kitchen is looking tired, and/or dated, now is probably the time to give it a bit of a makeover. Not everyone can afford a major kitchen overhaul, but there are less expensive things you can do to make your kitchen more appealing. Here are six quick fixes you can do to.
Deciding on whether to rent your property furnished or unfurnished very much depends on what type of property you have, the location and what type of tenants you are wanting to attract. There are a few more variables too to throw into the mix, such as how you want to set up the property financially.
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.
