Sophisticated investor
Are you leasing your property to a canabis grower?
Friday, 28 June 2019
You’ve probably seen scenes like it on a late-night police reality show. Officers storm into a property and uncover marijuana plants, hydroponic lighting set-ups and a cache of guns and cash. But what if you had to do a double-take when you realised that front door they just broke down belonged to your very own
- Published in Sophisticated investor
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Flat owners to pay for disabled access
Friday, 21 June 2019
A recent court case may mean flat owners will have to pay for older buildings to become compliant with the current disability legislation. Let me explain further… Last year saw a ruling by the Supreme Court that blocks of flats now have to comply with standards set out by the Victorian Equal Opportunity and
- Published in Renovating your rental property, Sophisticated investor
Why landlords should consider pets in the city
Friday, 07 June 2019
It wasn’t so long ago that most landlords automatically said no when it came to allowing pets in their properties – but times they are a changing! Part of the reason for that, thankfully, is common sense given that the majority of Aussies have a pet, which means most tenants have a furry friend
- Published in Sophisticated investor
What are your landlord rights when your tenant stops paying rent?
Monday, 18 March 2019
It’s one of the worst nightmares for landlords — a tenant who hasn’t paid rent for weeks and won’t vacate the property. Unfortunately a good tenant can quickly turn into a bad tenant. This can happen due to personal troubles, health issues, drugs, they lose their job or get divorced. But the problem is, as a
- Published in Sophisticated investor, Switching property management agents
Is engaging a Property Manager Worth it?
Thursday, 10 January 2019
Are the fees property managers charge justifiable and deserved, or are there ways to cut back in this area of your portfolio? We flick through the figures to find out in this article For many with a portfolio of property in their possession, a property manager is a veritable lifesaver, tending to the day-to-day needs
- Published in First time investor, Sophisticated investor
Should I rent to friends or family?
Thursday, 08 November 2018
In most investor’s journeys there comes a time when a friend or family member could potentially become a tenant. The question, of course, is should they? There are benefits to having someone you know and trust living in one of your properties, but the line between a personal relationship and a commercial one can be
- Published in Sophisticated investor
National Rental Update | See how your city is performing
Thursday, 11 October 2018
Rental growth has been flat around Australia according to Domain’s latest Rental Report. The national median rental price for houses remained steady at $442 over the September 2018 quarter, while the median unit rental price fell by less than 0.5% to $461over the three months to September. Here’s how our capital cities’ rental markets performed over the last
- Published in Sophisticated investor
Your guide to fixed and periodic tenancy agreements
Wednesday, 10 October 2018
As a landlord, you have a lot of different things to consider when taking on new tenants – including the type of tenancy agreement you want to offer. Essentially, there are two types of different tenancy agreements: fixed and periodic. If you’re relatively new to property, it can be confusing to know which one might
- Published in Sophisticated investor
How to pick the right tenant
Wednesday, 19 September 2018
You’ve finally bought your first investment property, and now you need to find someone who’s willing to move in, pay their rent on time, and take good care of the place. Or perhaps you’ve been a landlord for some time, but you much-loved perfect tenant has decided to move on, and you’ve no idea how
- Published in Sophisticated investor
4 Common Mistakes Made When Selecting a Property Manager
Tuesday, 04 September 2018
Buying your first property heralds the beginning of your investment journey, but it does not end with signing that contract and getting that property title. That home or apartment is not going to make money by itself, so for savvy investors, the natural next step is to rent it out and make a killing off