Property Management Made Easy: How are rental prices determined?
How are rental prices determined?
What are the key responsibilities of a property management company?
Property management companies handle various responsibilities, including rent collection, property maintenance, tenant communication, lease agreements, and financial reporting. They act as intermediaries between landlords and tenants to ensure smooth operations and maintain the value of the property.
As the cost of everything from groceries to insurance has risen in the past few years, rental prices have increased, too. While inflation and interest rates will impact your expenses and flow onto many other areas of consumer spending, the rental property market should be the determining factor in how you decide how much rent to charge. Factors such as supply and demand, vacancy rates, and the number of similar properties available all influence rent prices. Keep reading for an overview...
Property Managers. Are they worth the expense?
Is a Hiring a Property Manager Worth the cost?
Investing in property can be a smart decision, but managing it can be overwhelming. From handling tenant relations to ensuring legal ...
Should you use your Superannuation to Buy an investment property?
Using your super to buy an investment property
For many Australians, their superannuation is their largest asset so Investing in property can be a wise vehicle for long-term financial security and potential capital growth. There are also a lot of factors to consider before you take the first step= of using your super to buy an investment property, but it can provide a way to diversify your investments. In this article, we'll provide an overview of using your super to buy an investment property and some things you’ll need to consider to help you make an informed decision about whether it's the right option for you.
What are the benefits of buying an investment property with my s...
What does your property manager do?
What does your property manager do?
From managing day-to-day tasks to organising repairs and maintenance, having a good property manager look after your real estate investments provides peace of mind and can boost your rental returns. Most Australian investors choose to work with a property manage...
Thinking of investing in Property in 2020? Here are 6 Tips for Success
Can you believe it is 2020, a new decade? If you are like me, you don’t know where the last decade went. A New Year often brings a renewed sense of motivation and inspiration. For many people, it's also a time of year where work may be quieter than usual, and you've got more time for reading and research. If you're spending some time planning your property investing year ahead, here are six tips to help focus your thoughts and attention.
Start your market research
To get your research started, look at figures on the sold properties or leased properties in your target area for the last 6 to 12 months. Become aware of the sales and rental markets where your investment properties are located, plus the markets where you're looking to invest is a great way to get ahead before you start looking at houses. Call a local Real Estate Agent where you are looking to buy and ask them what they are finding in the current market, let them kn...