Handy household hints for maintaining your ‘home’ and the landlord’s investment during your tenancy
Have you ever walked into your bathroom and thought “ewww there is mould starting to appear on the ceiling”? Try washing the mould off with sugar soap as it appears! Always shower / bath with a window a smidge open! Always have your exhaust fan running and give the fan a clean when you notice muck and dust starting to build up. All these things will help preserve the life of the paint and help to keep your bathroom fresh and clean. …Read More
Join the conversation |
Be the first to start conversation on this post
Terminating a Tenancy – it’s all in the timing
As a professional investor one of the most critical requirements you will have is selecting the “right” tenant. Someone who pays rent on time and looks after the property as if it were their own home. This is after all, exactly what you are providing – a Home.
It is imperative that your property manager does extensive backgrounds checks to eliminate the high risk applicants and to source you the best possible tenant. But what happens when a couple of months into the tenancy, your tenant starts to pay their rent five …Read More
Join the conversation |
Be the first to start conversation on this post
What your tenant looks for in a rental property
As an investor you want to buy a property with features that tenants look for, the most desirable include:
- Great Location is one of the most important features as they want a home close to amenities and transport. Also they prefer not to be on a main or busy road as it can be noisy.
- Properties that are in a well looked after block is another thing to look for, like stairwells clean and tidy and gardens are well kept, as that means that the Owners Corporation are seeming to be doing a good job.
- Features inside the property that prospective tenants are looking for will depend on the person, but things that a lot of people will ask about are as follows. An off street car-space is always a good to have, especially in areas that you need permits if parking on the street. Security entrance is also a great feature.
- An apartment can also be preferable if it is renovated or recently updated with fresh paint, carpet, new fixtures and fittings and modern appliances ie dishwasher and oven.
- The Extras like storage, heating, cooling and washing machine facilities make a tenants time in their home a lot nicer too. They want to show off to their friends where they live and by having these things they will be proud of where they live!!
Join the conversation |
Be the first to start conversation on this post
Tax time - property management tips
As the end of the financial year draws near, many of us are dreading the impending task of having to organise ourselves to get our tax returns ready. For investment property owners there are some easy ways to take the stress out of the process.
6 Tips to the right Building & Landlords Insurance. Are you covered?
As a professional investor, it is vitally important that you are aware of risks you may be exposed to with your rental property and of the availability of insurance policies to protect you against many of these. The two main types of insurance you need to ensure you have in place are building insurance and landlords insurance. …Read More
Join the conversation |
Be the first to start conversation on this post