Owning a property that has lawns and gardens is a nice addition to your investment property. In terms of who is responsible for maintaining these areas, there are a few rules of thumb to go by. Tenant responsibility A tenant is responsible for areas such as regular mowing and edging. The frequency of this will
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One of the factors of owning an investment property is ensuring that you have a good landlord insurance policy in place, especially at the times of year when there is potential for an increase in incidents. While many companies will off landlord insurance, not all are created equal, and it is wise to look around
The key to buying a property in any market is to ensure that you have pre-approval, the funds available to purchase with all additional costs and that you can feasibly service the loan repayments at the current rate and subsequent increases. Purchasing a property is one of the biggest investments that you can make in
In more recent times the rise of rentvesting has provided options for those who would like to get onto the property ladder while still living in their area of choice. Purchasing in an area that shows signs of long-term growth and a good rental yield can help in starting a property portfolio while renting in
An experienced and professional property manager is a value for landlords that can reduce potential stress around the management of your investment property. They can also assist with maximising the returns on your property and manage the tenancy process from start to finish. When you are looking to hire a property manager, it is helpful
The elements aren’t always kind to us when it comes to our homes and investment properties and as the weather warms up and there are heightened risks with the potential for bushfires, it is important to ensure that you have a maintenance plan for your property. Don’t wait until it is too late to save
Catastrophic floods, devastating bushfires and other natural and man-made disasters are a telling reminder of the need for thorough research into home and contents insurance. Precious little can replace the sentimental value of unexpected home damage or loss, but property insurance provides much-needed peace of mind and asset protection to soothe the blow of storm
Whether you are a seasoned renter or new to renting, it may not always be clear the reasons or when you should contact your property manager about your tenancy or the property. For the most part, you won’t need to contact your agent on many occasions and when you do need to, they will usually
Choosing to rent your property may seem straightforward in that you find a tenant, sign a lease agreement, and collect the rent. However, there are legislative requirements and obligations that are required as a landlord and depending on the state in which your property is located will determine the rules. Employing a qualified property manager
Whether it’s buying or renting, the hunt for a new home can be a time-consuming and pressure-filled experience, especially in a rental market that is in high demand. Renter’s agents have increased in popularity over the years and employing an agent when you are in the market for a new rental is an exercise in