When a tenant moves into a property, part of the agreement is they are responsible for the care and upkeep of the property, and it needs to be at a certain level of cleanliness. The landlord meanwhile is expected to maintain the property, ensuring it is safe to live in and everything is in good.
If you’re new to property investment, you may not have heard the phrase rental yield. This is the term used by investors to calculate the return they will get on a property. How to calculate rental yield There are two types of rental yield: Gross rental yield Gross rental yield is the annual income (rent).
Taking your first steps on the property investment ladder? Or perhaps you’re reviewing finances to make sure you’re getting the best bang for your buck. We don’t believe you should scrimp on insurance cover, but we do believe in shopping around, comparing prices and checking out special offers. Which is why we thought we’d save.
While there is talk of a depressed market, and some people are holding back, we believe a smart investor knows that the perfect time to buy is when others are not….. The canny investor can find themselves some good bargains if they think a little bit laterally and think beyond the usual four walls and.
We believe landlord insurance is an absolute must when it comes to your investment property and its worth doing your homework and checking what is and isn’t covered, the amount covered and what your excesses are. Some insurance companies offer a combination of both home and landlord cover, but they may not provide adequate cover.
Commercial property does offer some fantastic investment opportunities, and we know investors who diversify their portfolio by investing in both residential and commercial. Tenants and landlords of commercial properties are governed by the Retail Leases Act 1994 and while some aspects of both types of lease are pretty much standard, (such as the term of.
A room for let in a Sydney house has recently hit international headlines when the landlord stated it was for shift workers and tenants were required to ‘bed-hop’ and there was what appeared to be the house rules scrawled on the wall and a number above the bed! There’s a little bit more to being.
Granny flats are rapidly increasing in popularity as they offer a diverse and affordable housing solution with two main benefits: Additional income Whether you are building onto your residential property, or on your investment property, a granny flat is a great source of additional income. What you will need to consider though is whether the.