Tips for property investors. If you are considering purchasing an investment property here are 6 tips to review before proceeding. Tip No. 1Buy an investment grade property. This means buy a property that is worthy of an investment not a luxurious home that you'd only live in. Buy with your head, not with your heart. Buying a property close to public transport, schools and lifestyle amenities will make...
Top tips for landlords. Owning an investment property can be very rewarding, particularly with the fact you receive a regularly monthly income stream (rent). It's not always easy to own and maintain a property, especially if you own multi properties. In this market insight we provide some simple tips for landlords that will help better manage their property. 1. Employ a Property Manager Some landlords...
How is landlord cover premiums calculated? When owning an investment property, having a contingency in place is important. Landlord cover is a policies that can protect your investment asset from several potential issues. Having insurance can be a financial safety net in the event of many unforeseen circumstances. How is landlord cover premiums calculated? The following is a general list to offer you...
What does a property manager look for in a tenant? Many people have at some stage leased a property. You may have had an application miss out to another tenant or perhaps been declined. Successful investors leasing property know that a Property Manager does there due diligence to source the best tenant available. Melbourne vacancy rates remain low as the population growth increases. It’s not uncommon...
Sourcing a good tenant can be challenging. Particularly if you've bought an investment property in the outer Melbourne suburbs or rural country locations. When you successfully find one, you expect that those applicants will be living in your property. There’s a growing trend at the moment for rental properties to be sub-leased illegally through services like Airbnb. It is critical that you employ a...
Once you have purchased an investment property, there are a few important items to consider. One of those items is selecting a Property Manager. A property manager essentially manages your investment property. There service consists of sourcing a tenant, regularly inspect the property, manage maintenance issues and collect rent to name a few. Given the time needed to complete these tasks and the strict...
Melbourne property under $500K. It’s evident that property prices in Melbourne continue to increase. Many find it difficult to meet the affordability, while others are fortunate to manage a large property portfolio. Nevertheless, every type of buyer would be very interested in sourcing a quality property, particularly Melbourne property under $500K. As at September 2017, here are some property...