Most of us have a household budget, but have you created a budget or financial plan for your investment property? It is important to take into account that appliances and fixtures will need to be repaired or replaced over time; that rates and body corporate levies will increase and that your property may not be…Read More→
If you are looking at selling an investment property it is important to consider the renter in the situation and understand that they can often feel their security and enjoyment of the premises has been affected. Renters can cause quite a bit of a problem and hinder viewing inspections should we not be able to…Read More→
We have all heard of tragic deaths resulting from house fires, faulty construction & carbon monoxide poisoning, to name a few. It is vital that property owners are aware of the potential risks and the importance of maintaining the rental property to a safe standard. In this blog we highlight the risks associated with construction…Read More→
You may have owned an investment property for some time, but have you made sure that you have maximised the potential of your investment? This means not only achieving a market rent and consistent income flow by securing an excellent renter but also other factors that you may not have considered. The sooner you efficiently…Read More→
When renting a property, appliances like air-conditioners, gas heaters, dishwashers and sometimes fridges can be made available for use by renters. Should these appliances be supplied, some simple rules need to be understood as to avoid any surprises later on. Repairing/Replacing the appliance If an appliance breaks down, it will need to be repaired or…Read More→
All prescribed electrical appliances and equipment must be approved prior to being made available for supply. Approved electrical appliances display a regulatory compliance mark (RCM) or a unique safety approval number. What to look for when buying an electrical appliance: • Approval markings can vary between states. Typically they are an alphanumeric code, comprising the…Read More→
If your property is presently vacant or is about to become vacant, now is the perfect time to refurbish and maintain your property. Not only to take advantage of tax concessions but also to increase the rent achieved and minimise your vacancy periods. Why not see the advice of your property manager or better still,…Read More→
People often say they do not discriminate, but the reality is that often they do without realising it. Discrimination is an issue within the property management industry that must be considered. As a Property Manager or Renter Providers, we must be aware that we cannot discriminate. It is human nature that you may have preferences…Read More→
Securing a suitable renter for your investment property is not as simple as opening the door and letting people see inside, handing out an application form and getting a lease signed! We require all prospective renters to inspect your property. This allows us to conduct an initial interview with the renter and ask them some…Read More→
It seems to be accepted that when appointing a contractor to do work on an investment property that the cheapest quote is always the best. This accepted rule of thumb couldn’t be further from the truth. We have found that the cheapest quote is not necessarily the best quote at all. When appointing a contractor…Read More→