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 […]
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 […]
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 […]
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 […]
What to look for in an investment property Searching for the right investment property can be a lengthy process. Not only do you need to think about your long-term wealth goals, but you need to make sure the investment property you buy will help you achieve these goals. In this article, we share six […]
Who loves Tax Time? (and who groaned!) Can I let you in on a secret? We have a little short cut for our property investor clients. A little cheat, if you will. You know what it’s like when you’re coming up to tax time, and you’re trying to organise your paperwork. And you’re going through […]
How many photos does it take to prepare a condition report? Here’s a clue… Its HUNDREDS! You know, before a tenant moves into your investment property, we prepare a condition report to ensure that your tenant leaves the property exactly the same way they found it (with fair wear and tear, of course). But […]
Do you know how to calculate monthly rent? You might be thinking that monthly rent is just 4 weeks’ rent, right? But, if your property manager tells you this, they’re shortchanging you as a landlord. It’s a little more complicated than just 4 weeks rent, but it’s a figure you need to know if […]
Property Investors work with Professionals. The challenge with investing in property is that there are so many variables. And you can’t possibly be expected to know all the things. So, the most successful property investors have a few key professionals on their team: A mortgage broker – not just for the initial purchase of […]
3 Tips for Getting the BEST Rent Prices on your Investment Property. Tip 1: Professionally edited photos. Get your Property Manager to organise professional (or professionally edited) photos. It’s not enough to use the photos you took on your phone when you first bought the house. It’s a tougher market out there, and you want […]