Onsite VS External Agents: Which is better? It’s a common misbelief that investors need to have onsite manager for their property. A quality property manager is going to have the experience and knowledge that entitles them to effectively get the job done and work as a buffer between you and your tenants as seamlessly as possible. Whether this is an onsite agent or an offsite one, you need to be … [Read more...]
It's no surprise that happy tenants make for a happy landlord. So while everyone is pinching pennies these days, spending a bit of extra money and time making your rental property as liveable as possible means that you'll reap the rewards from your long-term investment and hopefully your long-term tenants. What are the benefits of installing security screens in your rental … [Read more...]
To some it may seem like just another expense to add to the long list of home ownership, but landlord insurance could save you thousands in the long run. As investors, our aim is to minimise risk and make the most out of our investments so investing the money in landlord insurance really does make sense. What is landlord insurance? Landlord insurance is a type of insurance policy that landlords … [Read more...]
Best Flooring for your Rental Property – We Ask Tenants What They Want Finding the best flooring for your rental property is always challenging. It can be tempting to save money wherever you can, after all, you bought the property to make money. But when it comes to your properties, shouldn't you be investing all that you can to increase rental yield and appeal to the right type of people?In … [Read more...]
The truly successful property investors aren't always the ones with the deepest pockets. Instead, the real winners know how to play the property investment game. Part of being successful in this game means developing a strategy, and that begins with your rental vacancy. Expert property investors know that the real estate market functions in a cyclical way – there's ups, downs, high and low and … [Read more...]
The Internet has opened up opportunities for thought-leaders across a variety of industries. In the property industry, we've recently experienced an influx of short-term accommodation platforms making budget accommodation options far more accessible to tourists (and home-owners). The upside – tourists have more affordable options and landlords have the opportunity to make a few extra dollars. The … [Read more...]
When investors buy an investment property, they can easily put a few hours’ work into researching the area, the different homes available and also make absolutely sure that the decision to purchase is the right one. Sadly, however, for some the research stops here and poor choices are made when it comes to property management. It is here that the investment experience can be a sour one with bad … [Read more...]
The number one claim that property owners make against their landlord protection insurance policy is loss of rent. This can come about in several ways but is usually due to a tenant defaulting on the payment of rent, or worse, discovering the tenant has vacated the premises without notifying anyone of this.Should it be the latter it may also be discovered that the tenant has not left the … [Read more...]
If you have just become an astute investment property owner you will no doubt be planning to have the home managed by a reputable property management team. There is much to consider when preparing for property management, with the first important decision being to choose the right property manager and then preparing your home for rent. Meeting with your property manager Ideally, you will select … [Read more...]
Life is unpredictable and as a landlord you have to be prepared for tenants who may have to break their lease for many reasons. While a tenant does have obligations to fulfil when breaking a lease, experience shows that good will and a spirit of cooperation will largely lead to a significantly better outcome for all involved.In a perfect world, there should be no out of pocket expenses for … [Read more...]
