A carefully planned renovation can bring in extra rent and add value to your property – but there are pitfalls to avoid.
Knowing when to buy a rental property isn’t just about market timing. Investing in property is a big step, and it pays to consider if you’re ready to become a landlord. Here are several signs that you’re ready to invest in the property market.
You love your home, so it’s a fair bet your future tenants will too. It’s not uncommon these days for home owners to turn their home into a rental property when they upgrade to another place. However if you’re undertaking renovations as an owner-occupier it pays to consider whether the improvements will appeal to tenants More…
DIY property management provides an opportunity to save money and maximise rental yields, but when things go wrong it can create big hassles. For many, the solution is to enlist the services of a professional property manager.
You’re good friends so you should be good flat mates too, right? It can all seem like a brilliant idea. You and a friend tackle rising rents by moving in together. Trouble is, sharing a home also means sharing expenses – plus a whole lot of time together, and it’s a combination that has the More…
I was fascinated to recently read about the uptake of online property games in Australia and how “thousands of Aussies are building property empires online”.
Virtually furnished homes, common landlord mistakes and the advantage of using a borrowing calculator. It’s all here in This Week’s Picks!
Purchasing a property is often only half the challenge of being a property investor. Finding the right tenant(s) to rent your property is often essential if you really want to enjoy your purchase.
Unfortunately for many pet lovers, it is legal in most states for landlords to refuse to rent to tenants who have pets – making the already competitive rental market even tougher.
Mining towns across Australia are the big movers in the rental property market, with regions such as Illawarra and the Hunter Valley in NSW seeing sharp increases of around nine per cent in weekly rents over the past year.