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Property Wise Launceston

How often should you inspect your investment property?

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How often should you inspect your investment property?   Routine inspections are a key part of maintaining the condition of your investment property. Plus, they can also help to ensure open communication with your tenants. Keep reading to learn how often you should inspect your investment property and why.   You need to balance tenant […]

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5 ways to save money on maintaining your investment property

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5 ways to save money on maintaining your investment property   When you own an investment property, one of the highest ongoing costs is maintenance and repairs. From regular pest control to emergencies and larger issues, small unresolved problems can create costly problems in the future. This article outlines the common maintenance jobs required on […]

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What does a body corporate pay for?

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  If your investment property is an apartment or unit, body corporate fees are one of your ongoing expenses. In newer developments, these fees will often be higher to cover the maintenance of luxury amenities such as pools and gyms. But the modern luxuries aren’t the only things that a body corporate will pay for […]

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5 Top Renovation Tips for your investment property

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5 Top Renovation Tips for your investment property   TV shows like The Block are entertaining not only for the characters but for the inspiration it provides to one day make your renovation dreams a reality. Of course, it can all look like a fun project when it’s produced into a tidy 60-minute episode, and […]

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4 Things You MUST Know as a Property Investor

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4 Things You MUST Know as a Property Investor Whether your investment properties are positively geared, and you’re enjoying consistent cash flow, or you’re looking to use the long-term capital growth in your property to propel your wealth-building, there are some key things you need to know as a property investor. If you’re not aware […]

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How to choose the right tenant

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  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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What is rental yield?

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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

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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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