Tenants

Why Landlords Must Charge Market Value Rent

We’ve spoken to so many people over the years that have started their journey as Investor Landlords with a bit of a naive attitude. It’s distressing to see the repeated mistakes that many people make. Even worse are the people who want to invest in property but think it’s too hard, risky or time consuming and don’t get started at all! We spend a lot of time with our clients addressing the risks involved in property investment and how we can stop these from occurring. One of the biggest is failing to increase rents regularly or at least charge market …

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Critical undersupply of rental properties to persist

By Kate Hill

Rental Properties around Australia New data released recently has confirmed the critical undersupply of rental properties around the nation. According to SQM Research, the national residential rental vacancy hit just one per cent in March – the lowest level in 16 years. The last time the national vacancy rate was this low, “Kevin07” wasn’t even a thing yet! To understand what this metric really means it’s vital to know that the equilibrium point of supply and demand in the rental market is generally considered to be three per cent. This means that a vacancy rate of one per cent is …

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Adviseable cost of using a property manager

The True Cost of using a Property Manager

By Kate Hill

If you’re in the early stages of your property investment journey you may ask yourself, ‘should I hire a property manager, or should I save some money and do it myself?’

Don’t be this kind of Landlord

By Kate Hill

One of the bi-products of property investment is that by default, you will become a landlord Being a landlord means that you will need to be mentally prepared for not only the upside of holding a good investment, but also having to deal with possible problem tenants, extra costs, vacancy periods, legal risks and an unknown time commitment to take care of these events. Add this to the demands of our everyday lives and this can seem pretty daunting. Many of us also buy our first investment property while we’re renting ourselves. This is often termed as, ‘rentvesting’, which is …

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Is Landlord Insurance worth it?

By Kate Hill

Today we are looking at the topic of Landlord insurance – why it is important, why more than 80% of investors who use a Property Manager have it, and what the considerations around it are that you need to know Landlord insurance is a very sensible investment for property investors, and if you check the options carefully, and choose one that covers the key areas that you need, it gives landlords peace of mind in a number of circumstances. So what is Landlord Insurance and when is it used? About 45% of claims in Australia on Landlord Insurance are for …

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Top Tips for Finding Fantastic Tenants

By Kate Hill

As a property investor finding fantastic tenants that are honest, reliable, clean, responsible and trustworthy is something we all aspire to. Somewhere along the way though – if we are not very lucky – we can lose real time and money dealing with challenging tenants. So how do you go about finding fantastic tenants, and reducing your risk of something going wrong? Keep in mind that your property manager – assuming you are not doing this role yourself – should take up the slack and provide the services to manage many of the items below – but having a checklist …

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Landlord responsibilities and the real value of a Professional Property Manager

By Kate Hill

With any property investment we have to consider the landlord responsibilities – those obligations that purchasing it creates. In the case of Property Investors, one of these obligations when renting a property will be finding and managing a Property Manager – or indeed deciding to do the job ourselves, and becoming the Property Manager as well as the landlord. Being a landlord is a serious job, that brings with it not just significant financial considerations, but legal requirements along with a number of real considerations in order to do it efficiently and effectively. Even if you use a property manager, …

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The Top 6 Mistakes of Investor Landlords

By Kate Hill

We’ve spoken to so many people over the years that have started their journey as Investor Landlords with a naive ‘she’ll be right’ attitude. It’s distressing to see the repeated mistakes that many people make. Even worse are the people who want to invest in property but think it’s too hard, risky or time consuming and don’t get started at all! We spend a lot of time with our clients addressing the risks involved in property investment. ..and how we can stop these from occurring or slowing us down. We thought we would outline some typical pitfalls we’ve seen new …

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Why Landlords Must Charge Market Value Rent

Critical undersupply of rental properties to persist

The True Cost of using a Property Manager

Don’t be this kind of Landlord

Is Landlord Insurance worth it?

Top Tips for Finding Fantastic Tenants

Landlord responsibilities and the real value of a Professional Property Manager

The Top 6 Mistakes of Investor Landlords

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