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...
What to do when your tenant defaults on rent. No property owner or property manager want to encounter this, but unfortunately it can happen. In this market insight, we discuss what to do when your tenant defaults on rent. If a tenant breaches their tenancy agreement by falling behind in rental payments its very advantageous to manage this situation promptly as it can save you time, stress and money. It is...
When leasing a property most would recognise it as the biggest expense in your budget. What ways can you pay rent? If you are unable to cover your monthly rent, the landlord can issue a notice to vacate. In this article we outline what ways you can pay your rent which may best suit your circumstances. Direct Debit: The most common preferred payment for a property manager is an automatic transaction. The...
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...
There has been a consistent take-up of Airbnb. The trend continues with the idea that this new leasing agreement can generate a higher rental income stream. If its to rent out a room or the entire home, many have been enthusiastic to learn more about it. The yields can certainly be higher, but let us share some great data researched by 'The Conversation'. Taking note of the research conducted by 'The...