Blog • Local Agency Co.

Changes to the Residential Tenancies Act NSW – what they mean for you

Posted on February 19, 2020February 18, 2020 by Michael Stavrianos in Invest, Investment Property, Property Management, Residential Laws, Sydney Property Market

The laws governing residential rental properties in NSW have been revised. As a result, from Monday 23 March, there will be a number of changes to the Residential Tenancies Act for both tenants and landlords. Described as the “biggest shake up of rental laws in more than two decades”, the new regulations are designed to increase protections for tenants and reduce disputes over repairs and maintenance. The new legislation also helps make the … Continue reading Changes to the Residential Tenancies Act NSW – what they mean for you →

My tenant has been paying the same rent for a while shall I increase the rent?

Posted on February 17, 2020February 17, 2020 by Michael Stavrianos in Investment Property

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"? It's likely that your costs of owning a residential property investment have increased and you would like your rent to increase with those costs or at least in line with … Continue reading My tenant has been paying the same rent for a while shall I increase the rent? →

Should I offer a renewal of lease for my rental property?

Posted on February 17, 2020February 17, 2020 by Michael Stavrianos in Investment Property

A common question on property investors minds is that their rental property's lease may be coming up for renewal soon and what should they do? You may be concerned that you want to avoid having a property vacant or becoming vacant at an unsuitable time of the year or that you want security, knowing a … Continue reading Should I offer a renewal of lease for my rental property? →

The Top 3 Reasons Every Homeowner Needs a Valuation of Property

Posted on January 30, 2020February 5, 2020 by Michael Stavrianos in Buy Property, Investment Property, Value of my place

Every Homeowner Needs a Valuation of Property If you own real estate, you’ve probably wondered, ‘how much is my property worth?’. Even if you knew your property’s market value when you bought it, real estate market values change over time. As such, it’s highly unlikely the amount you paid for your property years ago is the same as what you would sell it for now. To find out what your place is … Continue reading The Top 3 Reasons Every Homeowner Needs a Valuation of Property →

Rent my property quickly to avoid the stress of having your investment vacant for too long!

Posted on January 23, 2020January 23, 2020 by Michael Stavrianos in Investment Property

"I want to rent my property quickly", is a common statement made by property investors. 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 … Continue reading Rent my property quickly to avoid the stress of having your investment vacant for too long! →

Buying Or Selling? Consider Off Market Properties.

Posted on December 4, 2019December 6, 2019 by Michael Stavrianos in Buy Property, Selling a property, Sydney Property Market

4 Biggest Benefits Of Off Market Properties Whether you’re buying or selling a property, there are many reasons you should consider going off market. In the simplest terms, off market properties are for sale, but aren’t advertised via the traditional channels. While this may seem like a counter intuitive way to sell property, as the … Continue reading Buying Or Selling? Consider Off Market Properties. →

How To Sell Property

Posted on October 23, 2019January 31, 2020 by Michael Stavrianos in Selling a property

How to sell property. Whether you’re upgrading, downsizing, or releasing capital; choosing to sell your property is an important and difficult decision to make. You need to monitor the market for the ideal time to sell based on your personal situation and what you’re trying to achieve. Inevitably, there’s some stress and emotion involved. Once … Continue reading How To Sell Property →

Business, finance, saving money, banking, property loan or mortgage concept : Wood house model, coins, eyeglasses and saving account book or financial statement on office desk table

8 ways investors can succeed in real estate

Posted on September 27, 2019September 13, 2019 by Michael Stavrianos in Invest, Investment Property, Property Management, Sydney Property Market

Business, finance, saving money, banking, property loan or mortgage concept : Wood house model, coins, eyeglasses and saving account book or financial statement on office desk table 8 Tips for successfully investing in Real Estate Making money in real estate can be tough – the market is constantly changing, the laws are complex, and the … Continue reading 8 ways investors can succeed in real estate →

8 steps to getting started in property investment

Posted on September 11, 2019September 12, 2019 by Michael Stavrianos in Buy Property, Invest, Investment Property, Property Management

Have you always wanted to invest in property, but don’t know how to start? Don’t worry, you’re not alone… Real estate is somewhat of a national obsession, so it’s hardly surprising that property investment is a goal for many Australians. However, ATO statistics show that less than 10% of people have actually taken the plunge. … Continue reading 8 steps to getting started in property investment →

Is now the time to sell investment property?

Posted on August 5, 2019September 18, 2019 by Michael Stavrianos in Invest, Investment Property, Selling a property, Sydney Property Market

Recent movements in the Sydney rental market have got a lot of investors thinking about selling investment property. Many see declining rents and an improvement in selling conditions as proof it’s time to cash in and get out of the Sydney market. This is particularly true for areas experiencing a lot of development, as oversupply … Continue reading Is now the time to sell investment property? →