Invest

How to evaluate a Property Management company

How to evaluate a property management company

Knowing how to evaluate a property management company can have a real impact on your experience as a landlord. Find a good one and you’ll be able to relax, knowing your investment is in capable hands. Choose an average (or worse!) one, and you will be spending more time dealing with issues and your stress levels will increase.   However, for most people, choosing…Read More→

rent increase

Is It Time for a Rent Increase?

Correctly timing a rent increase is critical to getting the best possible return from your investment property – raise it too soon and you could lose a good tenant; leave it too long and you could miss out on extra rental income. So… how do you know the time’s right?  When is a rent increase allowed?  Before asking “Should I increase my rent?”, it’s important to understand your legal requirements when…Read More→

l i

Do I Really Need Landlord Insurance?

It’s easy to see why some property investors think landlord insurance is an unnecessary expense. They pay thousands of dollars in premiums over the life of their investment and, unless something goes wrong, they never really see a return.   Obviously, there’s the peace of mind that comes from knowing your property is protected, but does the reduced risk really justify the cost? And, shouldn’t carefully selecting tenants be good enough to protect rental property…Read More→

rental lease renewal

Should I Offer My Tenants a Rental Lease Renewal?

If you own investment property, choosing whether to offer a rental lease renewal probably seems straight forward – if you have a good tenant then lock them in; if there’s been issues then let them go. But is it really that simple?  As a landlord, keeping quality tenants in your property not only maximises your rental returns, it increases the stability and security of your investment. Obviously, negotiating a…Read More→

Residential Tenancies Act NSW

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

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…Read More→

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