Archive for the ‘Investment’ Category

How to spot the dream tenant as a landlord

Investment

Once they’re living in your place, it’s dead easy to spot a bad tenant. They’re usually the ones paying late, causing havoc with the neighbours, treating your place like a tip or demanding endless costly repairs.

In short, making your life – and your property manager’s life – hell.

But if you can select a great tenant from the outset, you … Continue Reading »

Do you have enough money to invest in real estate?

Buying

 

New investors are always asking how much money they need to buy a property, but there’s no one-size-fits-all with real estate.

Domain spoke to some of the leading property buying experts to find out what they would recommend when getting started.

 

The size of the deposit and costs

The most significant consideration for most first-time investors … Continue Reading »

Melbourne vacancy rate hits 10-year low, translating to rental price rises: SQM Research

Investment

 

MELBOURNE’S vacancy rate has dropped to a near 10-year low, reflecting an increasingly unaffordable “landlords’ market” in the city.

SQM Research figures show just 1.7 per cent of the properties being offered for rent in the city remained available in February, equating to 8693 residences.

This was down from 2 per cent in January.

SQM managing director Louis Christopher said the last time … Continue Reading »

The Biggest Fears Of Landlords & Tenants

Investment

FEAR is a driving force in the world of real estate: fear of missing out, fear of losing money, fear of accidentally raising your arm at an auction.

Landlords and tenants comprise a huge slab of Australia’s property scene and each group has their own specific fears. If they knew what scares each other the most, they … Continue Reading »

Should I sell or lease out my property?

Investment

So, you have found your dream home but you’re not sure whether you should sell your existing house to buy the new home or keep your existing house, lease it out and buy the new home.

There’s no right or wrong answer to this question but there are a number of considerations to keep in mind.

The first thing you need to ask … Continue Reading »

How to: Pick the right tenant

Investment

 

Many investors have already experienced the tenant from hell. It may have been daily calls to fix a loose door handle or unexplained holes in the walls and broken glass.

These problems, no matter how big or small, can make owning a rental property a real nightmare; especially if you’re managing the property yourself. What … Continue Reading »

Common household disasters (& how insurance can help)

Investment

 

We never know when something’s going to go wrong with our home, but it’s likely that at some stage in your life as a homeowner, tenant or landlord, something most certainly will.

Whether you’re a homeowner dealing with a burst pipe or rotting floor, a tenant dealing with a burglary or a landlord wanting peace of mind that your property is … Continue Reading »

What you need to know about being a landlord

Investment

 

Property is a top investment choice for many Australians, and so it makes sense that more of us are becoming landlords.

 

Being a good landlord takes a little more effort than just sitting back and collecting the rent and taken on the title comes with certain responsibilities.

 
7 things to know about being a landlord
Here’s our list of … Continue Reading »

Investment properties: It’s not about you!

Investment

 

When buying a property to rent out for investment purposes, do you follow your gut, head or heart? According to Benjamin Kingsley, chair of Property Investment Professionals of Australia, you can consider all of these as long as the renter’s perspective holds the greatest sway.

Investors might get seduced by an inferior property, because they are thinking about picking up a bargain instead … Continue Reading »

‘I wish I hadn’t done it’: Is renting to family or friends ever a good idea?

Investment

Home owner Lisa wishes she had never agreed to rent out her Sydney investment property to a friend.

The decision to offer her two-bedroom flat to a friend who was looking for a pet-friendly place to stay after splitting from her husband has taken its toll on their relationship and left the pair barely speaking.

“I always said I wouldn’t rent to friends and I … Continue Reading »

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