This question often comes up at some point in a lease, especially if tenants have been living in a property for some time. Good tenants consider your property their home, and like everyone, they often like to personalise their homes. There are some pros and cons to allowing a tenant to decorate your property: Pros.

Contrary to popular belief, most people actually enjoy renting according to The Private Rental Sector in Australia report published by Bankwest Curtin Economics Centre. This report gives us a great insight into the state of Australia’s private rental sector (PRS) through analysis of 2016 census data and a survey of 3,182 Australian private renters. The.

Insuring your investment is a must – and it pays to get the right cover. Some companies offer a combination of both home and landlord cover, however although an investment property and your home are both buildings with people living in them, it’s about at that point the similarities end. Remember, your investment property is.

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.