Capital Gain Conditions

Interesting article just received via CoreLogic "Capital gain conditions across the housing market have continued to gather pace, with CoreLogic reporting capital city home values rose by a further 1.4% in March to be 3.5% higher over the first quarter of the year and 12.9% over the past twelve months. The annual rate of growth was the highest since May 2010." With Melbourne's growth for the quarter at 4.2% and 15.9% for 12 months. The … [Read more...]

8 Steps to getting started in property investment

Are you thinking of investing? see Realestate.coms 8 steps: 1. Check your finances This can be as simple as listing all your assets, including incomes and work out your expenses. This will give you an idea how much cash you have available to invest. Don’t immediately assume that you can’t afford to invest. As long as you have a stable and reasonably good paying job with solid employment history, you shouldn’t have a problem getting a … [Read more...]

Houses VS. Apartments!

Buying an investment property is one of the biggest financial decisions you’ll make, so it’s important to take a considered approach before jumping into the market. Research from the Grattan Institute reveals that Australians are now more than ever choosing to live in the inner city to reduce commute times. For investors, this raises the question: how can you best leverage this demand for inner-city The case for apartments There are many … [Read more...]

Question to investors..

My question today is… If you're an investor why would you give your investment property (which is worth on average around $400,000) to an agency that spreads themselves too thinly?  Just as you would rarely, if ever, get a personal call from one of the big banks informing you that you can obtain a reduced loan rate on your account, an agency that spreads themselves too thinly would not have the time to keep you updated with current market, … [Read more...]

Six Ways To Improve Your Rent!

Investors are constantly looking to improve their rents and push up their investment property's returns. Here are six practical items to consider if you're looking to super-charge your rental income. As investors, we’re so focused on rental yields that we often forget that both existing and potential tenants view our properties in a different light. While we’re concerned about our investment property’s performance, tenants are concerned … [Read more...]

Rental Home Horrors & How To Solve Them!

N.B. The follow article has been sourced from: http://www.realestate.com.au/blog/rental-home-horrors/ and written by Caroline James. All About Rentals does not take any recognition in writing this article. Every home – rented or not – has its quirks. But what if foliage starts sprouting from your lounge room brick work?  Or no matter how much you scrub your dunny ceiling, a film of mould reappears within a week? Tenants tell it like … [Read more...]

How To Find A Rental Property When You Have Pets

Finding a rental property where your pets are welcome isn’t always easy in Australia. Pet owners can often have difficulty securing a home where their furry friends will be welcome. With that in mind, we’ve put together a few tips and tricks to help you find the perfect place for you and your pets. Be honest and open There’s no point lying about not having pets because eventually, the landlord will most likely find out. Be upfront, be … [Read more...]

How To Find A Good Tenant!

N.B. The follow article has been sourced from: http://www.smartpropertyinvestment.com.au/how-to-find-a-good-tenant . All About Rentals does not take any recognition in writing this article. With a good tenant, you get what you give. In order to have an ideal tenant, you must have an attractive property while maintaining an upfront tenancy agreement. So what kind of investment property should you consider in order to attract the right … [Read more...]

Servicing Your Gas Appliances!

Gas appliances, such as heaters and stoves, should be properly maintained by a licensed gas fitter. If not, they may pose a health risk through carbon monoxide poisoning. Landlords/agents and tenants should work together to ensure that a safety check is done at agreed intervals. Energy Safe Victoria recommends gas appliances be serviced at least every two years. Landlords’ responsibilities Under the Residential Tenancies Act 1997, a landlord … [Read more...]

Property Owners Warned About Underinsurance!

All About Rentals takes no responsibility in writing this article. The article has been supplied by - http://www.smartpropertyinvestment.com.au/opinion/15692-property-owners-warned-about-underinsurance   Recent storm damage in areas such as south-east Queensland, Victoria, and NSW, highlights the need for property owners to make sure they are properly insured. The widespread damage to properties by storms covering such a large … [Read more...]

Can You Afford $28 Per Week*?

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Can you afford $28 per week*? Contact us today to find out how easy and rewarding investing in property really can be! info@ipwinvest.com.au or 0438 860 205   … [Read more...]

How To Stop Renting And Get On The Property Ladder!

The property market can be extremely daunting for first-time home buyers, but switched-on young people all over Australia are getting into the market every day. Here's how. Buying a home is an important life event for many people and, when you get all the details right, it can be a very good financial investment as well. Here is an introduction to the benefits of owning your own home and how to get into the property market for first-time … [Read more...]

Paying Rent – Weekly VS. Fortnightly VS. Monthly.

People are often confused about the calculation of rent payments; this is because it is not as straight forward as might be first thought. It is important to remember that while rent may be quoted at the weekly rate in the first instance, the calculation for monthly payments is not simply to multiply by four. This is because the disparity in the length of different months must be taken into account. Remember there are not an equal number of … [Read more...]

What To Know What Your Investment Is Worth?

Have you reviewed your investment portfolio in the last year? Do you know if it has grown in capital growth? Do you know what your end goal is with your portfolio? is it for financial security, self superannuation, gearing or all of the above? At All About Rentals we are here to help, Hayley is a qualified property advisor (QPIA) and one of the services she can now provide is a property report via Core Logic, which shows you what your … [Read more...]

Investing – It’s Easier Than You Think!

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Investing in property may be easier than what you may think! A lot of people are under the impression that they can’t afford an investment as they simply cannot afford to pay another mortgage. Did you know that once your tenant pays their rent, and after you have claimed back depreciation (and negative gearing -depending on your circumstances) for the financial year, the cost of owning the investment property may be as little as costing you … [Read more...]

A Beginner’s Guide To Property Investing!

N.B. The blog was written by Peter Gianoli and supplied from http://www.smartpropertyinvestment.com.au/opinion/15451-a-beginners-guide-to-property-investing?utm_content=2. All About Rentals takes no responsibility in writing this article. Buying your first investment property can be a daunting experience, but learning from other people's mistakes can put you one step ahead. If you are buying or investing in your first property investment, … [Read more...]

The Biggest Property Investing Mistake…..

N.B. - This blog was written by Paul Wilson and supplied from http://www.smartpropertyinvestment.com.au/the-biggest-property-investing-mistake. All About Rentals is in no way taking responsibility in writing this article. Have you fallen victim to one of the biggest Property Investing Mistakes without even realizing it?   Getting your strategy wrong from the outset has  implications that will be felt for years to come. Affordability … [Read more...]

Rental Home Horrors & How To Solve Them!

N.B. The follow article has been sourced from: http://www.realestate.com.au/blog/rental-home-horrors/ and written by Caroline James. All About Rentals does not take any recognition in writing this article. Every home – rented or not – has its quirks. But what if foliage starts sprouting from your lounge room brick work?  Or no matter how much you scrub your dunny ceiling, a film of mould reappears within a week? Tenants tell it like … [Read more...]

8 Signs A Suburb Is About To Surge In Value!

N.B. The follow article has been sourced from: http://www.realestate.com.au/blog/8-signs-a-suburb-is-about-to-surge-in-value/ and written by Nila Sweeney. All About Rentals does not take any recognition in writing this article.   Understanding the factors that trigger price growth helps ensure you pick a winning investment at the right time. When it comes to investing in property, capital growth is king. While income helps you hold … [Read more...]

How To Find A Good Tenant!

N.B. The follow article has been sourced from: http://www.smartpropertyinvestment.com.au/how-to-find-a-good-tenant . All About Rentals does not take any recognition in writing this article. With a good tenant, you get what you give. In order to have an ideal tenant, you must have an attractive property while maintaining an upfront tenancy agreement. So what kind of investment property should you consider in order to attract the right … [Read more...]

Vacancies And Rents On The Rise!

New figures demonstrate that while weekly rents have increased, national vacancies appear slightly above the common seasonal trend for this time of year. SQM Research managing director Louis Christopher said that both Darwin and Perth have continued to record alarming numbers of vacancies, particularly considering the vacancies recorded at this time last year. “However, year-on-year vacancies are still edging up for the country and we think … [Read more...]

Vacancies And Rents On The Rise!

New figures demonstrate that while weekly rents have increased, national vacancies appear slightly above the common seasonal trend for this time of year. SQM Research managing director Louis Christopher said that both Darwin and Perth have continued to record alarming numbers of vacancies, particularly considering the vacancies recorded at this time last year. “However, year-on-year vacancies are still edging up for the country and we think … [Read more...]

5 Most Common Issues Faced By Landlords!

Owning an investment property is a substantial commitment but one that can provide many benefits, if approached carefully and thoughtfully. Concerns over unpaid rent, unoccupied property and unruly tenants rank highly among the worries that can keep landlords up at night. A specialised form of landlord insurance can provide landlords with peace of mind knowing they are covered for the risks associated with property investment, should the … [Read more...]

Do you really need to do that repair?

Do you really need to do that repair? It’s one thing to ensure the costs of repairs and maintenance are reasonable; it’s another to decide if the work is ‘needed’ at all. There are various ways a landlord will discover their investment property potentially needs work, including a direct request from a tenant or as the result of a landlord/ agentinspection. Quite often, the method of discovery may influence your decision to undertake … [Read more...]

Gas Ducted Heating Servicing!

Landlord and property manager responsibilities The Residential Tenancies Act 1997 requires a landlord to ensure that rented premises are maintained in good repair. Good repair includes all gas appliances provided by the landlord. These must be safe to use and properly maintained. This includes ensuring that: Only a licensed gasfitter performs gas-fitting work All appliances are safe for use before re-letting a property All appliances, … [Read more...]

Investors warned about looming price declines!

House price growth is set to decline significantly in 2016, with the possibility of entering negative territory beyond that, according to new market forecasts. Slowing population growth, reduced investor demand and perceptions of unaffordability are set to weigh down on house price growth this year, with Sydney and Melbourne to bear the brunt of reduced market activity, according to new forecasts from Fitch Ratings and AMP Capital chief … [Read more...]

Should you buy in a street with multiple homes for sale?

N.B. The follow article has been written by Emma Sorensen and sourced from: http://www.realestate.com.au/blog/should-you-buy-in-a-street-with-multiple-homes-for-sale/?rsf=invest-blog-widget. All About Rentals does not take any recognition in writing this article. What does it mean when multiple properties in the same street, block or complex come up for sale simultaneously? Does it suggest something is majorly wrong? Is it just coincidence? … [Read more...]

Merry Christmas – From the team at All About Rentals!

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Our closing hours for the festive season are as follows - 25th December 2015 - 3rd February 2016. We will re-open for normal working hours Monday 4th January. From the team here at All About Rentals, we would like to wish you a very Merry Christmas and a Happy New Year! (For urgent matters, please contact us on 1300 900 182 and follow the prompts to our after hours service. … [Read more...]

How To Raise Your Rents Without Losing Good Tenants!

Retention of a “good tenant” starts before you even purchase your property. When choosing an investment property one of the factors you will consider is a profile of your prospective tenants. If your property is in a noisy, undesirable area and the walkability score is very low, what does that say for your earnings potential and the tenant such a property would appeal to? Most people want to live in a good neighbourhood, a safe and good … [Read more...]

Four Things Holding You Back!

How 2015 is flying by! This was the year you were going to make those New Year’s resolutions and stick to them. This year things would be different. On the health and wellbeing front you’d lose weight, start getting fit at the gym, stop smoking, drink less. On the financial front you’d spend less, check your bank accounts and insurance policies to make sure you’re getting the best deal, stick to a budget and make that first (or next) property … [Read more...]

Six Ways To Improve Your Rent!

Investors are constantly looking to improve their rents and push up their investment property's returns. Here are six practical items to consider if you're looking to super-charge your rental income. As investors, we’re so focused on rental yields that we often forget that both existing and potential tenants view our properties in a different light. While we’re concerned about our investment property’s performance, tenants are concerned … [Read more...]

Private landlord given expensive lesson!

Property investors choosing to self-manage their portfolio have been given a fresh reminder of the consequences of overstepping the mark. Carl Raymond Olsen of Meekatharra, 37, has been fined $24,000 for spending tenants’ security bonds, harassing a tenant and taking up to six weeks’ rent up front, according to Consumer Protection Western Australia. Mr Olsen, who owned and leased out a property 20 kilometres from Perth, was found guilty of … [Read more...]

Interest rates steady at 2% but is there a cut to come?

There was no pre-Christmas gift for consumers from the Reserve Bank this month with the board keeping interest rates steady at 2% for yet another month. In what seemed a sure Melbourne Cup Day bet, economist predicted the RBA would make no move to change the official cash rate at this month’s board meeting. The decision follows a move by the big four banks to raise interest rates independently of the RBA last month and as data shows signs … [Read more...]

Servicing Your Gas Appliances!

Gas appliances, such as heaters and stoves, should be properly maintained by a licensed gas fitter. If not, they may pose a health risk through carbon monoxide poisoning. Landlords/agents and tenants should work together to ensure that a safety check is done at agreed intervals. Energy Safe Victoria recommends gas appliances be serviced at least every two years. Landlords’ responsibilities Under the Residential Tenancies Act 1997, a landlord … [Read more...]

Melbourne tenants feeling the squeeze as rents rise to all-time high!

Rising property prices in Melbourne are keeping a growing number of young buyers on the rental roundabout, with record rents making the road to home ownership even longer. The median asking rent for units increased by $5 a week over the June quarter to an all-time high of $370, according to the Domain Group Rental Market Report released on Thursday. House rents were steady over the June quarter at $390, but are up 2.6 per cent ($10) on last … [Read more...]

Houses VS. Apartments!

Buying an investment property is one of the biggest financial decisions you’ll make, so it’s important to take a considered approach before jumping into the market. Research from the Grattan Institute reveals that Australians are now more than ever choosing to live in the inner city to reduce commute times. For investors, this raises the question: how can you best leverage this demand for inner-city The case for apartments There are many … [Read more...]

The Age Old Question – Should You Rent To Family & Friends?

Often, when buying an investment property, we get caught up in the excitement of it all and forget about the critical elements associated with becoming a property investor. One such critical element is finding appropriate tenants. When you buy an investment property you want/need to fill it with the right kind of tenants – people who are reliable, employed and looking for long-term accommodation. Of course, finding the right tenants is … [Read more...]

Massive Increase In Vacancy Rates!

Vacancy rates have more than doubled in one capital city over the past 12 months, with new research indicating that landlords are being forced to reassess their rental income situation. The national vacancy rate fell slightly in August, according to SQM Research – but that doesn't tell the full story of what’s been happening in Australia’s northernmost capital over the past year. Darwin’s vacancy rate remained steady in August, sitting at … [Read more...]

RBA cash rate announcement

The Reserve Bank of Australia has made its first cash rate announcement for this financial year. In line with most experts’ and commentators’ predictions, the central bank has decided to leave the cash rate on hold at the record low of 2.00 per cent. All 33 of finder.com.au’s panel of experts and commentators predicted that the central bank would leave the cash rate unchanged today, with 56 per cent forecasting interest rates will begin to … [Read more...]

All About Rentals – Landlord Evening – Would you like to attend?

We will be holding an All About Rentals evening on Wednesday 15th of July at 6pm. (Location to be confirmed once we have numbers). Come and meet your property manager and ask any questions you may have. We will be also be discussing: -Tax depreciation schedules -Maintaining your investment -How we can help with getting your property valued for further investment And much more.. Light refreshments and finger food will be served. RSVP … [Read more...]

How To Find A Rental Property When You Have Pets

Finding a rental property where your pets are welcome isn’t always easy in Australia. Pet owners can often have difficulty securing a home where their furry friends will be welcome. With that in mind, we’ve put together a few tips and tricks to help you find the perfect place for you and your pets. Be honest and open There’s no point lying about not having pets because eventually, the landlord will most likely find out. Be upfront, be … [Read more...]

7 Tips For Investing On A Low Income

Investing in property isn't just for big earners and high rollers. Here's how you can buy multiple properties even if you don't earn much money.  Blogger: Sam Saggers, CEO, Positive Real Estate A corollary of Parkinson’s Law states “expenditures rise to meet income”. Have you ever been a victim of this law? You have if every raise you get is quickly swallowed up in your spending. Soon you reach the point where you can’t imagine ever … [Read more...]

How you could profit from dual-key dwellings

Just to define what I mean by dual-key dwellings; it’s a single-titled property with two separate entries and two separate living spaces/residences including their own kitchens, bathrooms and garages. Think of it as a duplex property with two residences on one title. For example you can have a 3x2 and a 2x1 under the same roof but with two distinct entries. This provides great yield for any investor and is even better in an SMSF bare … [Read more...]

Pets & Your Investment!

As a landlord, your top priorities will usually include finding and keeping tenants and ensuring your property remains in good condition. However, by adopting a pet-friendly policy, especially if the area has traditionally had a ‘no pets’ approach, you will automatically open your property up to a raft of potential new tenants. After all, whether it’s the big puppy dog eyes or the fact that they are often just happy to sit with you for … [Read more...]

Important Questions To Ask Your Potential Property Manager.

Are you the sole property manager who will lease and manage my property?  2. How many properties do you personally manage?  3.How many properties does your agency manage?  4.How many property managers work at the agency?  5. How many tenants on your rent roll are currently in arrears and what action do you take if a tenant is behind?  6. What happens if my property needs urgent maintenance?  7. What happens if my property needs general … [Read more...]

Officer Property Market!

The median sales price for 4 bedroom houses in Officer, VIC in the last year was $430,000 based on 25 home sales. Compared to the same period five years ago, the median house sales price for 4 bedroom houses increased 183.0%, or $278,050, and the number of house sales increased 4.2%. The 5 year growth for 4 bedroom houses in Officer was 23.1% with average rental demand and a rental yield of 4.5%. Popular suburbs near Officer … [Read more...]

Renting vs Buying

Whether you’re looking to buy or rent a property, research shows there’s a common feeling from those scouring the property market that there’s high demand for a limited number of properties available. We feel it as a crunch. Buying is competitive Australian’s still crave a home of their own, with plenty of people currently looking to buy a house. Our latest research shows that 43.1% of those currently searching the Australian property market … [Read more...]

What is a yield?

Anyone considering buying an investment property will be interested in what return the property will give them – in other words, its yield. Before starting to look seriously at a property, most investors work out the yield on the property to see if it makes their shortlist. Although some investors buy property for other reasons – landbanking, infrastructure potential or lifestyle reasons – most are only concerned with its current return and … [Read more...]

Melbourne world’s most liveable city – again!

Melbourne has been named the world’s most liveable city by the Economist Intelligence Unit (EIU) for the third year in a row. The EIU’s annual Global Liveability Survey ranks 140 cities around the world by scoring them in five categories: stability, healthcare, culture and environment, education and infrastructure. Survey editor Jon Copestake says the top cities are similar to last year, with Australian and New Zealand cities landing five … [Read more...]

Question to investors..

My question today is… If you're an investor why would you give your investment property (which is worth on average around $400,000) to an agency that spreads themselves too thinly?  Just as you would rarely, if ever, get a personal call from one of the big banks informing you that you can obtain a reduced loan rate on your account, an agency that spreads themselves too thinly would not have the time to keep you updated with current market, … [Read more...]

Landlords – Claim thousands back per year with a Tax Depreciation Schedule!

What is Tax Depreciation? The Australian Taxation Office allows owners of investment properties to claim tax deductions for the depreciation of a building (Residential, Commercial or Industrial). A Tax Depreciation Schedule itemises the cost and effective life of all depreciable assets of the building and the dollar amount that can be claimed as a tax deduction per year. You can claim depreciation on residential buildings constructed … [Read more...]

Landlord Insurance…

Do you need it? YES…. As with any insurance policy, it is not compulsory to have landlord insurance on your property. However, as property specialists, it’s our expert recommendation that every investment property owner has a specific landlord insurance policy in place for their property. Landlord Insurance protects you in the event of a tenant not paying rent, departing the property early or damaging the property. It also includes public … [Read more...]

Victoria Is In Need Of More Housing!

Based on the population and demographic projections prepared by the Australian Bureau of Statistics (ABS), the Housing Industry Australia (HIA) has found that by the year 2020 Victoria will need to build an extra 400,000 properties meaning an extra 57,000 properties per year. As it is becoming increasingly difficult for First Home Buyers to come into the market with the increase of price and the reduction of the first home buyers grant this … [Read more...]

Protect Your Investment!

It is important to up keep maintenance on your investment to not only to ensure the safety of your tenants but to also lower the costs of maintenance which may turn into replacements. Ensure you regularly maintain items such as: •Gas appliances (Heating, Cooking & Hot Water) •Air conditioners •Heaters •Smoke detectors  It is also a good idea, if your property is in an established area, to ensure gutters regularly … [Read more...]

How To Choose The Right Tenant For Your Investment?

One of the most stressful aspects of owning a rental property is deciding which tenant to approve. It is normal to worry about which tenant to choose. Are they the right person? Will they look after the place? Will they pay their rent on time? What have they been like in the past? Yes you can call their references and ask questions, but are those references genuine? Or are they friends of the potential tenant posing as a landlord? Do their … [Read more...]