Investor Buyers

What is a full turn-key house?

A full turn-key house is an upgrade made available by home builders in which they take care of necessary additions to the home, like internal wall painting, flooring, and blinds. By upgrading to a full turn-key package, you can relax knowing your home truly will be a 'move-in ready' solution. Once you receive the keys you can immediate lease the property or move in and start living the dream! A full...

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The benefits of a storage cage

When buying a brand new Apartment it is very common to see a storage cage included. There are many benefits of a storage cage and here we explore them. A storage cage is often built with chain-wire or a welded mesh frame. A storage cage can vary in shape and size but they generally don’t exceed 6m3. They can be built from floor to ceiling or to a nominated height (such as an over car bonnet). Some can...

Market_Insights

How to deal with a hoarder tenant

A hoarder tenant can be challenging to manage. They are generally identified when property managers conduct property inspections on behalf of the landlord. It can be quite a stressful experience for all parties involved. In this Market Insight, we highlight some points that can be adopted to protect your investment property without infringing the personal rights of your tenant. Firstly it is...

Tax office warns investors

Tax office warns investors. During 2019 the Australian Taxation Office (ATO) identified a large number of deductions claimed by property investors including errors. This has the ATO increasing their auditing of property investors.  During the 2017-18 financial year about 1,500 were audited, while this increased to 4,500 in the 2018-19 financial year. Tax office warns investors Here are the most...

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Furnished investment property vs unfurnished

Renting a furnished investment property longer term (i.e. 1 year or more) doesn’t really attract a tenant any faster or offer a greater rent as apposed to a short term lease. In this situation you may be over spending. A longer term tenant may already be well equipped with their own personal belongings and contents. In a summary here are the differences between a furnished investment property and...

Replacing yourself as property manager

Replacing yourself as property manager. Maintaining an investment property can be quite expensive. In order to make it as profitable as possible it’s ideal to review areas where you can save or improve your cash flow. One of the areas many investors look to consider saving is replacing yourself as property manager. As property advisers/buyers advocates, we understand why a landlord would consider it....

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What is a certificate of occupancy?

When buying off-the-plan not much can happen in the way of settlement until the vendor has received a certificate of occupancy. Your property must pass a series of inspections. These inspections may include a variety of reviews such as a fire safety check, an electrical or plumbing inspection and any other general building inspections What is required for a certificate of occupancy? In order to obtain...

Market_Insights

Don’t set and forget – always ensure your insurance is up to date

Don’t set and forget – always ensure your insurance is up to date. When buying a property it’s important to ensure your asset is insured against any unforeseen events. It’s likely to be the most expensive asset you buy. We’ve noticed overtime investors review their property portfolio performance but neglect to review their insurance. Insurance cover provides a vast range of unforeseen...

Market_Insights

How to minimise rent in arrears

Having a good tenant makes investing property so much better. However, even good tenants encounter financial loss and this will have a direct flow in effect to the landlord. On the other hand a bad tenant can cause significant problems to a landlord in more ways than one. Here are some ideas to help minimise rent in arrears: Upfront background checks When your property manager contacts you to present a...

What you need to know when a tenant passes away

There is nothing worse than experiencing the loss of a life. If you know the person or not, nothing is more precious than life. However in this article we take a look at the financial perspective of a landlord’s interest in the event their tenant passes away. It’s the last thing any landlord wants to think about, but if you are investing in property for the long term, there is a possibility that a...

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