External cladding materials are a cost-effective and appealing way to provide another protective layer to your home. The primary purpose of installing cladding on your home is to: Protect it from the weather Add greater insulative properties to your home Improve the aesthetic appeal Improve sound and thermal insulation Cladding was a relatively unknown subject to many outside the...
At Crest Property Investments we have met some fabulous people. One thing is for sure, we all live in some form of property and we therefore have an emotional attachment to real estate. Overtime we develop our own goals and objectives in search for the perfect property. If it’s to live and occupy or to invest and rent out we all have a point of view. Based on our experiences at Crest Property...
It doesn’t matter where you buy your investment property or what type it is. Unfortunately bugs and other pests look to make it their home too. When bugs and other pests find their way into your investment property, they can quickly cause havoc. The landlord and tenant can often enter into conflicting conversations. Who is responsible to rectify the problem? At whose expense? Who is responsible for...
New legislation introduced from 1st July 2017 has property investors no longer claiming rental property travel expenses. This includes for the purposes of: collecting rent from tenants conducting property inspections preparing the property for new tenants rectifying repairs caused by damage or general wearage maintenance services including cleaning or landscaping These legislative...
Can Owners Corporations restrict Airbnb? Recent rulings at VCAT have closed some doors but opened others for Owners Corporations looking to exert greater control over Airbnb and other short-stay platforms. A recent case involving a building in Doncaster confirmed that the Owners Corporation cannot implement rules which ban short-term rentals. However, the ruling did acknowledge some of the other...
When buying an investment property, many choose this type of asset as it not only appreciated in value, it also earns us a regular income through rent. To further benefit your investment returns, retaining a long term tenant goes a long way. Here are some tips to keep a happy tenant. Prompt maintenance This is a very influential service. Tenants are often disappointed with the lack of response from...
Owning an investment property is a popular way to accumulating wealth. It is likely to be one of your most valuable assets you own. Overtime you will need pay property expenses to ensure to the property is in good shape. Landlords that keep their property in good condition will likely have a more satisfied tenant and potentially improve its capital value. Many property expenses are tax deductible,...
Buying a property can be one of the most rewarding investment decision. Over time it will provide you with capital growth, but in the interim, you are lucky to also generate a rental income. A good investor is always seeking new ways of maximising their rental return. An important strategy in achieving this goal is obtaining a rental appraisal. What is a rental appraisal? Unlike a organising a property...
How to prevent condensation this winter t's critical to maintain your investment property. It attracts good tenants, but also influences the income you earn (rent) and the capital growth over time. Certain parts of the year can require your attention. Melbourne is certainly in the middle of the winter season and the weather has been very cold. One sneaky concern arises with these cold mornings, and that's...
All property investors want the highest rental return. There are steps you can take to make sure your property is not only leased long term, but also achieving your desired rental return. Here are some important tips on increasing rent. 1. Provide your property with some TLC (tender loving care) – If you can take some time to maintain your property and make it look more presentable, you are likely to...