Archive for the ‘Tips & Tricks’ Category

Can the right property manager make a difference?

Property Management

Investors pay a lot of attention to finding the right location and property, but one area they often neglect is selecting the right agent to manage their investment.

Can a property manager really make a difference though?

“Absolutely” says Tracey Chandler of Buyers Agent Sydney. ”The right agent can make a substantial difference over the life of your investment.”

“You learn over time, … Continue Reading »

First time renters: what you need to know

Tips & Tricks

You’ve been to all the open for inspections, completed the application forms and been approved for your first rental property – what happens next?

Here are the top three things you need to know before signing your first residential tenancy agreement.
What is a residential tenancy agreement? 
A residential tenancy agreement is a legal contract between you, as a tenant, and your landlord. … Continue Reading »

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 »

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 »

Tips on reducing your home insurance costs

Tips & Tricks

 

Organising and paying for your home insurance can be a financial nightmare, especially if you’re not entirely sure what you’re doing.

There are lots of little ways that you can reduce the cost of your home insurance but you need to know how.

Here are my top tips:
Increase your excess
By making the decision to increase your excess you can make big savings on your … 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 »

6 Tips for Staging Your Rental Property

Property Management

 

One of the most effective ways to get a property rented quickly is to stage it. In other words, to make it appear warm and welcoming so that prospective tenants can envision what it would be like to live there themselves. Successful staging, however, involves a lot more than just putting furniture and a few other … Continue Reading »

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