Property Investment, Investment Properties, Retirement, Melbourne
How often should I increase rent as a landlord? Craig is a DIY landlord. He’s asked how often he should increase rents. When he told us what he’s charging for rent, we were surprised at how low it is. He’s worried that if he puts up the rents, he might lose his tenants. We told Craig it’s ...
What records should I keep? Property investing incurs a lot of paperwork and email correspondence. What should you keep, and what is safe to throw out? Keeping organised records is important for the smooth running of your investments and to make sure you are compliant with regulations. There ...
Is Australia in a Property Bubble? Whether we’re in a bubble, heading for one, or just experiencing a growth spurt in a normal cycle, you should be aware that prices are rising. You should also be prepared for the possibility that they will fall at some time in the future. In a bubble (or nearing ...
The media has been full of discussion about whether or not Sydney and Melbourne are heading towards or in the middle of a housing bubble. What is a bubble, and are we experiencing one now? A housing bubble happens when demand increases substantially. This may be because of easy credit terms, low ...
A client, Sonja, bought an investment property that’s seen better days. Sonja has a budget of $15,000 to spruce the house up to attract a new tenant. Unfortunately, this won’t be enough to fully renovate. Sonja has asked us where she should focus her energy. We had a look at Sonja’s house and ...
Starting a property portfolio as a young person is a challenge, but not an unbeatable one. If you are younger and hoping to buy an investment property or if you’re helping someone plan their first step on the ladder, here are our hints. Make a plan Decide why you want to invest. What are your long ...
Trading, flicking, renos, The Block. It feels like we’re inundated with tales of quick riches made through doing up property. What we don’t see so much, though, are the investors who lose money, or who invest in renovations that don’t pay adequately for the risk. We don’t generally recommend trades ...
Research shows 80 percent of investors don’t claim all of the deductions they are entitled to. Are you one of these? What is depreciation? Depreciation is like wear and tear – it’s a recognition that your buildings and assets have a finite useful life and that they lose value over time. At tax time, ...
Take our quiz on your responsibilities as a landlord in Vic: How many smoke alarms do you need? Who is responsible for changing smoke alarm batteries? Your tenant has told you that they’ve removed the batteries from the smoke alarm in the hallway because the alarm kept giving false warnings. Are ...
What does the typical new property investor look like? Here are some of the new-ish investors we've met lately: A 21-year-old recent graduate who has pooled the savings she made from part-time work while studying with the money her brother saved as a new bank employee to co-invest in a small ...
