Investor Articles Archive
Cleaning Carpets - Part of Tenants General Clean-up
08 May 2012
When prospective tenants are out and about looking for rental accommodation, they expect a property to be in liveable condition, with everything clean and tidy, including the carpets and floor coverings. No-one would look at a property that had rubbish strewn through it and was obviously not clean. So why is it that when many tenants vacate a property, that is just how they leave it? There s... read news item »
Tenancy Agreements Spell Out Rules for Pets in Rental Properties
02 May 2012
For animal lovers who wish to have the constant companionship of a pet within the surrounds of their home, keeping pets in rental properties has always been a problem, and with the level of home ownership falling in Australia, will only increase as more people are forced into the rental market. The owner of the rental property has the right to refuse permission to keep a pet, but sometimes w... read news item »
Tenancy Agreements Protect Rights of all Parties to Locks and Keys
03 April 2012
One of the basic, fundamental needs that we all have as human beings is that of feeling secure in a personal sense, and also being confident that when we leave our dwelling and lock our doors, all our possessions are also secure. This need for security applies to everyone, regardless of the type of dwelling they occupy or if they are a tenant or an owner. The most obvious way to achieve this ... read news item »
Fair Trading holds Rental Bonds to Protect both Landlord and Tenant
23 March 2012
Rental bonds are requested by landlords to protect their interests if a property should be damaged by a tenant, or the tenant should default on rental payments. There are some rules around the payment and refund of bonds which have been developed over time, and these rules are in place to protect the interests of both landlord and tenant. The bond must be in money and no other form such as p... read news item »
The Benefits of Signing a Tenancy Agreement
12 March 2012
There are many rules and regulations in our society, and multitudes of documents used to keep track of all the various transactions that occur between people, either singly or in groups. While we often bemoan the necessity for many of them, most of the time they have been developed in response to a situation that needed some clarity or control. Tenancy agreements are a prime example, and whi... read news item »
True Purpose of Property Management Starts with the Right Tenant
01 March 2012
The relationship between the owner of a rental property and the person or agency they have chosen to manage that property is essential to the success of the investment for both parties. While there is a great deal of legislation around residential rental properties to protect both the lessor and the tenant, it is still important for the day-to-day management of the property that the investor ... read news item »
July 2011 Rental Market Update
19 July 2011
I am pleased to advise that the average rent across our managed properties has increased from $527/wk to $548/wk since the start of the 2011 calendar year. This is due to both increased rental demand and great negotiating by our property managers. Well done! (Refer to graph below) Despite now being in a winter market we have seen our vacancy rates continue to remain very low . Our vac... read news item »
Tax Tips for Rental Properties
02 August 2010
The Australian Taxation Office have identified certain claims for tax deductions made by rental property owners that in their view are areas of concern where claims can be incorrectly made. Typically these are the higher dollar expenses such as Interest, Body Corporate fees, Legal Expenses and Repairs. Interest Interest that relates to a rental property that is rented or available ... read news item »
Tax Time Assistance
10 July 2010
As we are now in entering July 2010, it’s time once again to think about the preparation of your annual taxation return for the year ending 30th June 2010. The following schedule identifies the types of costs that are typical tax deductions for residential investment property owners. • Interest on loans to purchase the property, plus interest on loans to undertake repairs, re... read news item »
Grab for Cash
15 June 2010
The recently announced Federal Budget had very little immediate affect on property owners. Some rumours that we may lose the current 50% discount on capital gains and the re-introduction of some form of tax on retirement savings thankfully did not eventuate. However, just as the Federal Government were announcing their 2010 budget the NSW Labor Government used the cover of the federal budget t... read news item »
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