How to choose the right tenant Picking the right tenant can be a tough decision, especially if you’ve experienced the impacts of less than stellar tenants in the past. Whether you had to make significant repairs to the property or fielded complaints about a previous tenant, it can make property investment extra stressful. […]
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The rooms you should renovate to maximise your rental returns When it comes to renovating specific rooms in your rental property for higher returns, some rooms will deliver better results than others. There are certain rooms in a home that, when in pristine condition, will maximise your rental returns. Projects such as updating […]
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Let’s start with a way you can all but guarantee that you need a depreciation schedule. 1. The property commenced construction after the 16th of September 1987. If the property was built after this date, it means that you’ll be able to claim depreciation deductions on the value of the original building structure. These deductions […]
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It’s almost the end of another financial year, and that means tax time is coming. To make your tax time go smoothly and maximise your return, it’s important to get organised now to save any administrative headaches and get your tax return completed as soon as possible. In this article, we outline a few things […]
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Why landlord insurance is an expense you won’t regret? According to Finder, a landlord in insurance costs an average of $208 per month for a property worth $1 million. This amount can increase or decrease depending on the value of the property. Once it’s tallied up for the year, your landlord insurance will probably be […]
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What is Rental Yield? Before you buy an investment property, you’ll likely calculate its yield. The yield on an investment property details the future income you can expect to make represented as a percentage on an annual basis. Not only does this help you determine if a property is suitable for your wealth-building goals, but […]
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The Five Biggest Myths in Property Investment Today Ahh property. The great Australian talking topic where addictions to checking www.realestate.com.au are growing by the minute! But why then do most property investors never get past investment property #1? I suspect it’s because we don’t learn about investing (in any formal way) in our education and […]
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Buying property in a self-managed super fund (SMSF) Using an SMSF to buy property has become popular in recent years, but you need to make sure you consider how buying through an SMSF may impact your investment. With the adjustments in this year’s Federal Budget to allow up to six members in an SMSF, this […]
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What is Capital Gains Tax (CGT)? Capital Gains Tax (CGT) is a key area of tax that property investors should understand. While CGT may seem daunting, it’s not as bad as it may seem once you dig a little deeper. In this article, we detail CGT, including how to calculate it. CGT defined The CGT […]
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Tips for sprucing up your investment property while saving money Saving money and renovating your investment property typically don’t seem to go hand in hand. However, there are some ways you can add some extra “wow” factor to your property without breaking the bank. We share a few cost-friendly ways you can update your […]
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