The Investor | June - July 2024
THE INVESTOR | ISSUE: JUNE-JULY 24
In this newsletter we cover important property management topics to keep you informed and maximising your rental income and optimising your capital growth.
RENT INCREASES - BEHIND THE SCENES
Over recent years, landlords and tenants have collectively had to navigate many challenges of uncertainty, including periods of financial hardship caused by the rise of interest rates, pauses and restrictions on rental payments, followed by surging weekly rents, inflated cost of living expenses, and a lack of affordable housing...
LET US KNOW IF WE GET IT WRONG
As your managing agent, our focus and commitment to you are to strive towards...
PROPERTY APPRAISALS VS VALUATIONS
An appraisal is an estimate or opinion of a property's market value. Your real estate agent provides this for free considering data on similar listings and sales, buyer demand, market trends, and property's features...
TENANTS PERFORMING REPAIRS, MAINTENANCE AND ODD JOBS – TRADESPEOPLE MUST BE LICENSED AND INSURED
There are some landlords who think that having tenants perform repairs, maintenance, and odd jobs at the property saves them money. However, from our experience, this course of action can lead to unnecessary expenses to rectify the work and expose landlords to financial risks should a litigation claim arise....
TAX DEPRECIATION SCHEDULE DO YOU HAVE ONE?
A Tax Depreciation Schedule is a comprehensive report that outlines the historical construction costs and asset value of a property, including the fixtures and fittings...