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..

Apartments can offer some very attractive opportunities for investors, the first one being they are often an affordable entry point into the investment property market. However, like every property, there are some factors you should consider before putting in your offer. You want to be sure you’ll get some return on your investment with the.

You may or may not be aware of the new the amendments to rental legislation introduced to the NSW Parliament on 20 September which aim to give more power to tenants. Proposed changes under the Residential Tenancies Amendment (Review) Bill 2018 include: If the property is in a strata scheme, the landlord or landlord’s agent.

When you’re doing your budget for your investment property, as well as paying your mortgage, you do have certain financial responsibilities you need to budget for. The good news is, many of these costs can be used as a tax deductible item so don’t forget to keep all your receipts and proof of payments. If.

Investing in property is a big step, and we make no bones about it, as with all investments, there is a degree of risk (but in 40 plus years of experience, less of a risk than many other forms of investment). Wherever you are on your property investment journey, it’s only natural, and actually healthy.

Newcastle is expanding and is rapidly becoming an area of choice for property investors – particularly as the Sydney market is out of many people’s reach. There are some great investment properties on the market and more land is being opened up. Interest rates are still low, the economy is stable and annual capital growth.

There doesn’t seem to be a week go by without conflicting reports of a predicted property boom or bust. The truth is property values do follow a cycle – values rise, remain steady or even decline during certain phases of the cycle. And very often, while one area appears to be cooling or on the.

For those who have several properties, one investment strategy that has been touted around for a while now is releasing capital and living off the equity. The strategy works on the principle of you borrowing against one of the properties and you use that loan to live off. In the meantime, your property portfolio continues.

When a tenant vacates a property, be it voluntarily or through eviction, they are legally required to take all their belongings with them. However, sometimes this doesn’t always happen and the landlord maybe left with furniture or other items on their property. So where does the landlord stand legally and what should you do with.

Depending on your circumstances, there are many ways to invest in or make a living from property. Here are a few strategies to consider. Own a home Many people don’t see their home as an investment strategy – after all, you need somewhere to live don’t you? You’re paying a mortgage and you’re not generating.