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.
For whatever financial reason you’ve bought your investment property, it is imperative it is well-maintained. Tenants have rights, and residential properties are required to meet required minimum standards to ensure they are ‘fit for habitation’; anything less, and the property cannot be rented out. But good maintenance goes beyond providing a good, quality home for.
We all want to make money, and we all want to grow wealth, but there is a difference between the two. When the rental income is more than the outgoing costs to run an investment property, then obviously, the investor is making money, and there are some property investors who generate a good passive income.
It’s that time of year that we all dread… 30 June is the end of the financial year, which means we need to be thinking about filling in our tax return. If you hate doing it, you’re not alone; according to new research commissioned by Intuit QuickBooks, conducted by YouGov, almost 20 % of NSW.
The Newcastle region has been experiencing an unusual trend recently – we have higher than national vacancy rates. While the Real Estate Institute of New South Wales (REINSW), the peak industry body for real estate and property professionals in NSW Vacancy Rate survey April 2022 shows residential vacancies for Sydney remain relatively stable, in Newcastle,.
