The insurance you need for an investment property differs from the insurance you need if you’re an owner-occupier. Landlord insurance provides cover and peace of mind from a range of potential problems, such as loss of rent, property damage or major repairs that make your property untenantable. Keep reading below for an overview of why […]
As the cost of everything from groceries to insurance has risen in the past few years, rental prices have increased, too. While inflation and interest rates will impact your expenses and flow onto many other areas of consumer spending, the rental property market should be the determining factor in how you decide how much rent […]
Residential tenancy laws are constantly changing. As an investor, it’s important you stay up to date with what’s changed to make sure you meet your obligations. There have been several recent changes to tenancy legislation across Australia. Keep reading below for a summary of the key reforms. Making it easier to rent with pets A […]
With rising interest rates and property taxes (in some states), some property investors are entertaining the idea of selling their investment properties. While it may seem like a good way to dodge the rising expense of owning rental properties, there are a number of costs associated with selling, too. Further, if you sell now and […]
Over the past ten years, before interest rates started rising, property investors and homeowners enjoyed historically low interest rates. Not only did low rates make it easier, in some cases, to borrow, but it also meant some people could borrow more if they could afford it. But now, the market is shifting. After a short […]
There’s lots of movement in the rental market each New Year, so it’s a great time to look for a new tenant. While advertising your property when people are typically looking to move can secure you a tenant faster, you also need to make sure your listing stands out. Keep reading to learn how to […]
With rental prices rising, you may be wondering whether you’re still charging the right amount and if you should change this when the time comes. While markets in capital cities and regional locations have experienced significant growth in recent months, opting for a hefty price increase without doing your research can be risky. First, it may […]
Depreciation is often overlooked when it comes to the deductions you make each year at tax time. It’s easy to do given depreciation is a non-cash deduction. On average, in the first financial year, investors can expect to claim around $9,000 in depreciation deductions. There are two types of depreciation — capital works and plant […]
“The yield on an investment property details the future income you can expect to make represented as a percentage on an annual basis”. Whilst investors have taken to purchase an investment headfirst with a “general” idea to what they want for its return, to buy an investment property with a genuine focus on its successful […]
Capital Gains Tax (CGT) is one of that all property investors need to understand or ensure their accountant is across. While CGT may seem overwhelming, once you get across a few points, it will come together easily. In this article, we discuss CGT, including how to calculate it. CGT Definition The CGT is essentially a […]