Any property manager worth their salt will tell you that one of the biggest factors in costly repairs to an investment property is neglect. What starts out as a minor issue is quickly dismissed—’it’s only a small crack, nothing to…
When faced with the prospect of letting first time renters into their properties, many property owners feel a sense of apprehension. This is somewhat understandable. When people hear the phrase ‘first time renter’, they often think of a group of…
October has seen a significant improvement in the quality of applications, leading to a significant number of properties finding tenants. As a result, our vacancy rate continues to fall!
The following article was kindly provided by Greg Carroll of MTA Finance. To arrange a finance review contact greg@mtafinance.com, or call 07 3849 9822. It has been a testing time for property investors in the last 48 months as lenders…
Leasing numbers for the month of September can be summed up with one word—’affordability’. Many property owners have been offering perks to attract tenants. However, nothing has been as effective as simply adjusting the rental price on properties. The most…
We often forget that an air conditioner is made up of a complex combination of parts and energy sources that work together to deliver air that is the perfect temperature. Like any complex electrical appliance, air conditioners require servicing from…
Leasing numbers across August have remained steady and reliable. This month, our leasing consultants have noticed that due to a competitive rental market, potential tenants are enquiring more and more about cooling, heating and fencing, to ensure that the properties…
You’ve just bought an investment property. You can’t wait to place your first tenants and start reaping the rewards of property ownership. After a short period of advertising, you receive a call from your Property Manager who has a good…
Leasing across the month of July has been steady, with our record low vacancy rates continuing. Our Leasing Consultants have been asking our Property Owners if there are any aspects of their properties that they would like highlighted in our…
Source: Property Observer Investors will no longer be able to claim tax deductions for travel expenses “related to inspecting, maintaining or collecting rent for a residential rental property” from July 1 2017. Of the nation’s 2 million landlords, about 1.3 million are negatively…
‘Small agencies provide more personalised service’ – fact or fiction? An interesting thing happened to me the other day. I’d been in discussions with a prospective client about managing her property. When I made a follow-up call to, hopefully, close…
The following article is from ‘Maverick’, a quarterly newsletter produced by BMT Quantity Surveyors. For more information on this and other property tax advice, please contact BMT or your accountant/financial advisor. Our property investor clients often ask the question whether…
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