According to the NSW Government, there are more than 1.2 million people in NSW living in buildings with strata schemes – this equates to approximately 1 in 7 people. Each strata scheme will have additional by-laws that all residents, including tenants, living in the strata scheme must follow. These are in place to make communal.

Property investors spend a large amount of time and effort carefully researching the property markets to find the best investment, and this time and effort should also go into fully researching their professional property manager. As well as saving investors both time and money, the essential role a property manager plays in preserving, and enhancing.

Newcastle and the surrounding areas have been undergoing a lot of regeneration over the past few years, and there are many great housing developments still in the pipeline. If you’re thinking of a change of scene and/or lifestyle, many of these new developments offer some great opportunities. However, there are other factors you may want.

Life is what happens when you’re busy making other plans according to the American writer Allen Saunders – and life events have a habit of happening when you least expect it. With people living longer and the increase in ‘blended’ families through people remarrying, financial and family arrangements can be a complex web. And when.

With interest rates going up again for nine-straight hikes, some property investors may be considering looking at other options to cover the costs of rising interest rates. One option some investors may be looking at is moving from a monthly rental to making the property into a short term let, and using platforms such as.

With energy prices spiralling upwards, the question many potential tenants are now asking is ‘how much does it cost to run the property?’ Here are some easy energy-saving upgrades, which your tenant will love, but won’t cost you the earth: Review lighting options Ensure all the light bulbs wherever possible are LEDs; as well as.

Investing in property is a big financial commitment, so you do need to do your research before jumping in. The internet has made making research a lot easier, but the key to good research, is knowing what to look for, and once you’ve got the information, knowing how to analyse real estate market data. This.

As the name suggests, a condition report records the state and condition of the entire property, both inside and outside the property. From recording the state of door frames and skirting boards, to walls and light fittings, it should detail the exact condition of each room. It even includes the condition of fixtures and fittings,.

With Christmas festivities taking priority, you may have missed the new regulations to help prospective tenants secure housing in a tight rental property market in a fair way, which came in at the end of December. Rental bidding banned Rental bidding is the practice where a landlord or agent invites, suggests or asks prospective tenants.

At the end of a tenancy, the tenant is responsible for leaving the property as near as possible to the same condition as when they started living in it. Condition reports made at the start of a tenancy help avoid any disputes at the end of a tenancy. These document the condition of the wall,.