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→
Is It Time for a Rent Increase? Read More »
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
Do I Really Need Landlord Insurance? Read More »
If you’re the owner of a rental property, management fees are probably one of your biggest ongoing costs. But, are you getting good value for money from your real estate property manager? While many investors report having issues with property management companies, statistics show that the vast majority (approximately 80%) do nothing about it. As a result, they continue to receive poor service, as the situation rarely improves
What to do when you’re not happy with your real estate property manager Read More »
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
Should I Offer My Tenants a Rental Lease Renewal? Read More »
From Monday 23 March 2020, there were a number of changes to the Residential Tenancies Act NSW for both tenants and landlords. The laws governing residential rental properties in NSW have been revised. 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
Residential Tenancies Act NSW – what the changes mean for you Read More »
