Study not quite cutting it as a home office?
Kids left school but not quite ready to leave home?
Whether built as extra guest accommodation, or a way to have your elderly parents close by without encroaching on their privacy and independence; or to help your grown children struggling with rising rents and property prices; or even as a much-needed parents’ retreat, Granny flat approvals in NSW are booming, thanks to the NSW Government’s easing of planning policies to allow approval for granny flats in 10 days. Continue reading In-laws, Outlaws and Granny Flats
Heritage-listed property remain a contentious issue for home buyers.
Beautiful to look at and much-loved, they can also be a lot of work and cost to renovate or maintain.
Though many perceive period features as an asset for a property on the market, recent research suggests Australian buyers aren’t as wowed by ornate features as we may have thought, especially if there’s a heritage factor that complicates changing the property.
Only 12% said a heritage property would be a plus if they were looking to buy, while a whopping 60% said a listing would be a disadvantage. Continue reading Are heritage homes harder to sell?
Knowledge is power, so being armed with as much information as possible about a property is going to help you make an informed decision about any potential purchases.
What are the key questions to ask at an open home inspection to get the information you need without coming across as a desperate buyer?
Similarly, you don’t want the agent to think you’re a novice at the real estate game and that they can use your inexperience to their own advantage. Continue reading Questions to ask at an Open House
High rent arrears rates and maintenance costs can be easily avoided with eight handy tips, according to Michelle Williams of Launceston-based @Home Property Management Solutions. Continue reading 8 ways to avoid Tenants being behind in Rent
There’s nothing more exciting than buying your first investment property and getting that first slip from your property manager to show your rent coming in. However, rental income is just the start. Around tax time, there are even more ways to help you pay off your investment – and one of those is by getting a property depreciation schedule that you can claim on tax. Continue reading Don’t forget to claim Depreciation
When it comes to building a retirement nest egg for the future, property is still regarded as one of the safest long-term investments.
While some investors may want to buy a property and rent it out straight away, others may choose to live in the home while they renovate it. Investing in bricks and mortar can be a great way to create wealth, but there are some golden rules to consider before taking the plunge into property investment. Continue reading 10 tips for getting started in property investment
Although the holiday break is coming up, it doesn’t mean you should forget about your investment property.
The last few weeks of the year is a great time to take a good look at your property to see what is working and what isn’t. Continue reading Managing your Investment Property over Christmas
Buying a block of land should be easy. Unlike purchasing an existing home, there’s no construction quality issues to consider, no style to choose, and no decorating details to slow down the decision-making. However, it’s not as simple as looking in the paper and picking a block out. There are far more factors to consider as your choice of land is intrinsic to the success of your custom-built home… so here is a checklist with some of the more important considerations. Continue reading How to Buy a Block of Land – Tips
It’s another of those niggly questions, whether you’re a tenant or a landlord.
Who’s responsible for water costs at the property?
Here’s the lowdown. Continue reading Landlords or tenants – who pays for water?
One of the most important decisions to make when you buy an investment property is whether to appoint a professional property manager or manage the property yourself.
More than three quarters (77%) of landlords have their properties professionally managed by an agent, or have done so in the past, according to The Australian Landlords Panel 2012.
Both options needed to be carefully considered before making a final decision that is right for you. Continue reading Should you manage your own investment property?