Many Victorian renters have been impacted by the coronavirus (Covid-19) pandemic. With the reported slump in business confidence as reported in August and employment rates of 7.5%, renters who have lost their jobs are facing difficult times ahead. As difficult as this is for renters, landlords are themselves feeling the pinch, with many relying on.
Knowing how to avoid capital gains tax when selling an investment property seems like the Holy Grail of investment knowledge, even when people don’t entirely know what it is. Over the years, capital gains tax has cemented itself as a buzz phrase in the Real Estate world, causing many to see it as a looming.
“What do tenants look for in a rental property?” is a question that landlords & property managers alike should be constantly striving to answer. After all, landlords want tenants that will take care of their property, pay rent on-time, and will be easy to work with throughout their tenancy. However, to entice those ideal tenants,.
Anyone who has ever rented out a house knows the importance of having a low maintenance garden for their rental property. After all, you’re entrusting your property to tenants that may not have the same enthusiasm or time for gardening that you would hope, which can lead to outdoor spaces that have been left in.
The rental real estate market is one that is known for being hugely competitive, with certain areas and suburbs vying for the attention of prospective renters as supply and demand rise and fall. Naturally, this means that to succeed as the owner of an investment property, you must stay competitive and provide benefits that will.
With the current coronavirus pandemic leading to a considerable amount of unemployment and uncertainty across the country, Australian landlords and renters have been eagerly awaiting word from the government on how this will impact their livelihood. Thankfully, as of April 15th, the Australian government has detailed plans to bring supportive legislation to parliament which will.
The Reserve Bank of Australia has made headlines over the past few days for cutting interest rates to a record low in light of the ongoing Covid-19 pandemic. The move, which stands as part of the RBA’s first quantitative easing program ever, will provide more affordable loans for Australian banks, along with interest rates being.
Australia’s Real Estate landscape has cultivated a thriving investment market over the past 30 years. This boom has, in turn, shaped how the government treats landlords and property owners, with special incentives put in place to assist both buyers and those that are renting out their properties. With that said, many homeowners aren’t aware of.
Melbourne is home to some of the top suburbs for property investment in Australia, and with the demand for property steadily growing across the board, now is a perfect time to consider buying. The city’s one-bedroom apartments hold the highest rental returns in Victoria, and with so many previously slept-on suburbs on the rise, there’s.
Moving house is one of the great anxieties of modern life. Between the packing, planning, logistics and budgeting, you’re leaving behind a place that has been your home base for quite some time, and that comes with its own emotional weight. With all of these factors in mind, many people are deciding to take a.
With short-term accommodation growing in popularity over the past few years, a large number of property owners have been left questioning how they should be managing their property. While there are some benefits offered by shorter, more flexible arrangements, this doesn’t discount the large number of advantages that are exclusive to longer-term leases. At My.
It’s an unfortunate fact that many landlords have had a less than ideal experience with property management. Whether it’s poor communication, inconsistency in quality, or a general mystery around what they are in fact doing – it’s always good to get clarity on what you should be receiving. At My Rental, we’re pleased to have.
Currently, it seems almost impossible to turn on the news without being overloaded by opinions and predictions on the Australian property market. The RBA’s decision to cut the cash rate has only intensified this discussion further. This information overload makes it difficult to decipher what the real implications for a homeowner are. As with any.
By the time you’ve made the decision to rent your property you’ll be aware of how much work is involved and how much of an impact it will have on your lifestyle. A perfect way to reap the benefits without adding any stress is to hire a property manager. By bringing in the professionals you’ll.
Preparing your property for renting out can be a confusing process. For investors buying properties specifically to put them on the market, trying to track and mark out every detail that needs to be altered for the market is difficult without any prior intimate knowledge of the home. Conversely, for those that have been living.