Things are finally starting to look up for investors, with median weekly house rents recording quarterly growth for the first time in almost five years. With weekly house rents up 1.4 per cent to $355pw during the March quarter and vacancy rate down to 5.1%.
Following a prolonged period of price declines and a rise in listings, the rental market in Perth is … Read the full post »
Evicting a tenant is a costly and time consuming process that most landlords would rather avoid. That’s why it is important to screen your prospective tenants carefully before handing over the keys.
Often, properties where the owner acts as landlord are targeted by bad tenants since their financial history and or previous rental history is less likely to be investigated than if they approached a property managed by a … Read the full post »
As a tenant you do not receive your water bill directly from Water Corporation. The landlord or Radi Estates receive the bill, we then invoice you, the tenant for the consumption component of the bill.
Water Corporation invoice customers every 2 months. Each bill consists of 2 parts: the service charge (or water rates) which are the owner’s responsibility; and the water … Read the full post »
What the Tenancy Agreement states: In accordance with the tenant’s obligation to keep the premises in a reasonable state of cleanliness pursuant to section 38(1)(a) of the Act, the tenant must keep the premises in a clean and sanitary condition and free from dirt, oils, grease, insects and vermin.
As a general rule, any infestation of pests such as rats, mice, possums, cockroaches, … Read the full post »
Holidays should be about rest and recharging, not creating major headaches. If you’re heading out of town, take these simple precautions to keep your home safe and give you peace of mind.
Do yourself a favour and to relieve the tension of possible disaster when you leave your house empty over the holiday period with our top 5 tips.
1. Lock up when … Read the full post »
With the average selling days on market at an all time high, we are constantly asked by clients, can we sell our property with a tenant in it?
It’s not just a straight forward answer, and something that should be considered carefully.
Selling a tenanted property often makes financial sense for investors. Not only do you need to sell at the time that’s right for … Read the full post »
When we buy a house to live in, the first thing we do is take out insurance on the property as it comes naturally to us to protect ourselves and our family. However, when it comes to an investment property we may not think about taking out landlord insurance not understanding the importance of it until it’s too late.
So, what is landlord insurance … Read the full post »
The mining boom might have faded, but there’s a new boom in WA as billions of dollars in infrastructure and developments are under construction and sure to impact the residential property market. If your property is next to a construction site it might be a good idea to look at tenant incentive options.
A landlord should treat his/her rental property like a business. As … Read the full post »
Having recently celebrated more than ten years servicing the real estate and property needs of many buyers, sellers, landlords and tenants in our local area, we decided it was time for a few enhancements. With our new look website and logo, we are now even better placed to manage your property needs.
Our area and our clients have changed and grown over the … Read the full post »
Article Courtesy of BMT Tax Depreciation.
The Federal Government has proposed adjustments to depreciation legislation in the 2017 Budget.
Under the new rules which are yet to be legislated by Parliament, investors will be able to depreciate new plant and equipment assets within a new property and items they add to their property; however subsequent owners who acquire a property after 9th of May 2017 will not … Read the full post »