Most property investors aim to have a low vacancy rate and reduced time between tenants. So to find new tenants quickly, avoid these two common mistakes; setting the asking rent too high and the property doesn't present as well as it should. 1. The asking rent is set too high. You need to … Continue reading Find a new tenant quickly and avoid these 2 common mistakes!
If you're looking to buy an investment property or you're a property investor with a loan expiring soon, then you will want to read on. At the moment lenders are mainly focusing on your serviceability rather than your equity position. Here are 5 tips before applying for a loan. 1. Check your credit history. It's … Continue reading 5 Tips For Property Investors Before Applying or Renewing A Loan
Investors seem to tolerate been unhappy with their property manager and hope that the situation will improve. Rarely does the situation improve and it's best to change agents if things don't improve and find a new property manager before you start spending a lot of time and effort overseeing the situation. The main reasons … Continue reading Are you too busy to manage your Property Manager!
What is on most property owner's mind is should I "buy, hold or sell Sydney real estate"? We have recently returned from the Property Buyer Expo and we wanted to share some important information that may assist with your decision. Firstly please understand that there are a number of factors that determine the … Continue reading Should you buy, hold or sell Sydney real estate?
A common question we are asked is " What's happening in the property market"? We just returned from the Property Buyer Expo and we want to share some important information, so if you looking to buy, sell or hold real estate in Sydney then read on... 9 tips for you from the Property Buyer … Continue reading What’s happening in the property market?
A common question that our property management department in Sydney is asked by our property investors is "my tenants lease is expiring soon, what are their intentions". We understand that security is important for some investors and they want to avoid having a property vacant or becoming vacant at an unsuitable time of the … Continue reading My tenants lease is expiring soon!
Finding good tenants is a priority for property investors irrespective of what is happening in the rental market. What we are experiencing in the current residential rental market is applicants been approved by agents and investors very quickly. There are 2 main reasons for this is occurring; We are experiencing an oversupply of rental … Continue reading Act quickly or miss out on good tenants!
From time to time our property managers are asked "my tenant has been paying the same rent for a while shall I increase the rent"? We understand that the costs of owning residential property have increased and you would like your rent to increase with those costs or at least in line with CPI. … Continue reading My tenant has been paying the same rent for a while shall I increase the rent?
It can become very stressful when your investment property is not leased quickly enough and could end up costing you a lot of extra money but this doesn't have to be case. The first step is to understand what is happening in the rental market within your suburb and surrounding suburbs. The best way … Continue reading Avoid the stress of having your investment property vacant for too long!
Firstly they know they are a good chance of securing your business and if you are motivated to sell then they know you will eventually come down in price. The most common line from the agent after listing a property is “The market has changed”. In some instances the market can adjust, such as with … Continue reading Why do some real estate agents indicate a high potential selling price to the owner?