How to Lease Your Property Faster
First impressions are critical when a prospective tenant inspections your property.
First decide what sort of tenant you are targeting. There are tenants who what to save money and are happy to live in a property that is not in a first class condition. There are others, such as professional people, who are happy to pay top rent, but expect the property to present at its absolute best.
There is no doubt that well presented properties achieve top rents and usually attract the best quality tenants. That adds up to a higher investment return, together with fewer and shorter vacancy periods.
Here are some valuable property presentation tips. CLICK HERE
Termination of Tenancy by an Owner
Read more about the termination of a tenancy for a reason other than for non-payment of rent. CLICK HERE
Property Fraud Prevention
The Office of Regulatory Services (ORS) has prepared this document to assist homeowners to minimise the risks of property fraud. CLICK HERE
Boosting rental returns the keys for investors
There are a number of ways you can help increase your rental return if you own a rental property. CLICK HERE
Don't let your property deteriorate
Allowing your investment property to deteriorate over time is a big mistake.
While in the short term it may be tempting to save money on regular maintenance, in the long run neglecting the property will prove very costly. Your investment is less likely to increase in value as much as others, the rental income will be lower and tenants will be less likely to respect the premises. CLICK HERE
Don't tinker with negative gearing
Any plan to mess with the current negative gearing provisions is fraught because it is so deeply entrenched and therefore interlinked with our vast and complex tax system. Changing one part of it inevitably impacts on others. CLICK HERE
Ending a Rental Tenancy
Whether because you simply wish to move on, or because there has been a breach of the terms of agreement, the correct way to end a tenancy is dependent on a number of factors.
When deciding how to move forward, you will need to take into account who is ending it, why they are ending it and whether you are on a fixed-term or periodic lease. CLICK HERE
Extension & Variation to Tenancy
The Residential Tenancies Act has been amended to make renewing or extending a tenancy agreement more simple. CLICK HERE
Five features tenants want in a rental
Finding a tenant for your investment property in Perth’s current rental market can present some challenges.
To attract and keep good tenants you need to make sure your property offers tenants what they want. Here are five popular features tenants want in a rental. CLICK HERE
House or unit, which is the better real estate investment?
Deciding between a house or unit is one of the bigger decisions you'll make as a property investor.
The range of property types available to investors has widened significantly in recent years. You can now choose from the traditional house and block of land, to an array of medium density dwellings including flats, villas, town houses, apartments and duplexes. CLICK HERE
How do you terminate a rental lease agreement?
Having to terminate a lease agreement is something you dread occurring if you own a rental property.
In a perfect world, every rental experience would go smoothly - but if you’re experiencing hassles with a tenant and want to take steps to terminate their contract, discuss this with your property manager and educate yourself on your rights. CLICK HERE
How to Approach tax time as an Investor
The start of a new financial year means one thing to most people – tax time! If you’re an investor who rents out your property, it’s important you take the time to gather all your records, expenses and paper work in preparation for doing your tax return.
How to make your investment property stand out to tenants
With rental listings in Perth hovering above the long term average right now, competition to secure tenants has increased.
So what can you do to make your rental property stand out in this market? CLICK HERE
How to select a property manager for your investment property
Investing in property is a wise decision, but a big responsibility, so it’s important to make sure your property is managed by a professional.
Choosing to use a REIWA property manager to look after your rental property will ensure all the daily tasks of managing your investment are taken care of. CLICK HERE
Is a holiday house a good investment?
There’s nothing better than getting away over the festive season to one of the many picturesque holiday destinations WA has to offer.
Whether you prefer to head north or south, a change of scenery can get you thinking about investing in a holiday house of your own.
It’s important to determine whether you want to utilise the property as a holiday home, as an investment, or a combination of both.CLICK HERE
Property Management platforms risk investor security
During this time of economic downturn, you may be tempted into self-management by the emergence of so-called 'self-help' websites, but there are risks involved with managing a rental property yourself. CLICK HERE
Research is the key to investing in Perth property
Investor activity in the property market has been below average levels in recent times, but this buying group will quickly re-emerge as the housing market stabilises, the state’s population grows, vacancy rates fall and the rental yield increases.
Many potential investors who have been watching the Perth property market, in particular, following the decline in prices since 2010, now sense that it’s an opportune time to look at entering the market. Those in a position to buy are finding good value and great long term prospects.
The benefits of hiring a property manager
Hiring a property manager to oversee the day-to-day tasks and responsibilities of your rental home is a wise decision.
Namely, you have the security of knowing you have employed a professional body to help mind your investment. CLICK HERE
Thorough research makes property investment less daunting
Investing in property can be daunting, but with thorough research it can prove extremely beneficial to your long-term financial security. CLICK HERE
Understanding property market language
Do you have an interest in the property market but struggle to understand all the language thrown around?
Trying to make sense of all the data and analysis can be daunting. To help you better understand the property market, we've put together a guide to help demystify some of the more commonly used words and phrases. CLICK HERE