No matter how unlikely the event, accidents do happen, people do get injured and property does get damaged; this is why we take out insurance for our assets. Insurance also helps cover costs associated with liability (legal responsibility) for damage or injury caused to a third party. However, insurance can be complex and there are.

With Anthony Albanese PM recently announcing sweeping housing reforms, describing the changes as ‘most significant in a generation’ the spotlight is definitely on the housing crisis. While rental affordability is impacting many, and as a result impacts housing supply, the cost of living is affecting everyone – landlords included! There are 2.2 million family investors.

There is sometimes a bit of a grey area over who’s responsibility it is when it comes to pest control; if pests, such as cockroaches, mice and rats were present prior to the start of a lease, it’s the landlord’s responsibility to take care of the problem before the tenant moves in. A tenant is.

Rental yield, the term used by investors to calculate the return (ie the money in your back pocket) they will get on a property, is probably the most important aspect of property investment. No-one invests in property with the intention of losing money, so calculating the rental yield on a property is one of the.

If you live in, own or manage a rental property, or are interested in renting rules in NSW, it is vital you give feedback on the NSW Government’s proposed rental laws discussion paper before the consultation closes tomorrow, Friday, 11 August 2023. Everyone deserves a home, and while, the housing crisis is worsening and must.

If a friend asks you to lend them $50, you probably won’t be too fussed as to when they pay you back, but if they ask for substantially more, you may be a little more cautious and ask a few more questions about the repayment before putting your hand in your pocket. Financial lending institutions.

Short of putting your money under your bed, every form of investment comes with a risk – and even cash under the bed comes with risks! The key to successful investment is knowing what the risks are, and knowing how to reduce them. In a previous blog post, we wrote about some risks in property.

If you live in, own or manage a rental property, or are interested in renting rules in NSW, the NSW Government wants to hear from you! With the aim of improving rental laws to support both renters, landlords and the community the Minns Government is calling for feedback on its rental laws discussion paper. Key.

Whether you’re looking at buying a property for an investment or for a home, we’re often asked what type of property is best – and older, existing one, or a brand new or relatively new property?   Well, like everything in property, it depends! If you’re looking for a home, one factor will be your.

It’s not just the rising interest rates affecting landlords; the knock on from cost of living is also having an impact on the cost for routine maintenance, and other costs such as council rates and, where the landlord pays them, utilities and strata costs. It’s always wise to review finances and look at where savings.