With its music festivals, supercars, and great food, wine and scenic experiences Newcastle is now on the tourist radar as a hotspot of exciting events and great activities. Some property investors might be tempted to forget about long-term rentals and go for a short-term holiday let via some of the online booking services. However, there.
The year has started on a good note! A survey of almost 2100 people, commissioned by comparison site Canstar, found 5 per cent of Australians expect prices to skyrocket, with an additional 33 per cent expecting steady growth. A quarter of those surveyed predict prices will remain stable. And it’s not hard to see why..
‘Tis the season to be….. spending money and don’t the retailers just know it. Every shop, both online and in the street is promising you a good Christmas – at a price. But Christmas needn’t be filled with expensive excesses – it can be used as a great opportunity to start saving for your investment.
With the banking royal commission, Labor’s negative gearing plans and financial experts predicting a softening market, if you believe what’s in the media, you’d never invest in property; it’s all bad news. However, we’ve been in the business for over 40 years, so we are proof investing in bricks and mortar works in spite of.
Whichever way you look at it, unless you are exceedingly lucky, property is a long-term investment, and there are three main types of investment strategies property investors use: capital growth, cash flow, and compound growth. Some people use one strategy, and others use a mixture in their property portfolios. Here are the pros and cons.
Like the best-selling book, How to Win Friends and Influence People, you want your property to be the most popular property of its type on the market and you want to give your tenants reasons to stay. Attracting and keeping tenants isn’t that hard. Here are 7 ways in which you can win potential tenants.
This question often comes up at some point in a lease, especially if tenants have been living in a property for some time. Good tenants consider your property their home, and like everyone, they often like to personalise their homes. There are some pros and cons to allowing a tenant to decorate your property: Pros.
Contrary to popular belief, most people actually enjoy renting according to The Private Rental Sector in Australia report published by Bankwest Curtin Economics Centre. This report gives us a great insight into the state of Australia’s private rental sector (PRS) through analysis of 2016 census data and a survey of 3,182 Australian private renters. The.
Insuring your investment is a must – and it pays to get the right cover. Some companies offer a combination of both home and landlord cover, however although an investment property and your home are both buildings with people living in them, it’s about at that point the similarities end. Remember, your investment property is.
Whether you’re living in a property or renting it out, wear and tear, as oppose to damage to a property is something which happens to every property. As a landlord, you often cannot claim on the insurance for any damage deemed as wear and tear – nor can you claim on the departing tenant’s bond..