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Property Investor Newsletter November – December 2018

In this newsletter we cover important property management topics to keep you informed and maximising your rental income and optimising your capital growth.

CAN YOU GET A BETTER DEAL…
BY GOING THROUGH A MORTGAGE BROKER?

Interestingly, one out of three Australians choose to go through a mortgage broker as they can provide choice and convenience.
The mortgage broker is an expert in their field and can offer their clients extensive choices of different financial institutions, varying interest rates, terms, and types of loans that you often don’t have when dealing with just one bank....


DIFFERENT TYPES OF TENANCY AGREEMENTS

There are two different types of agreements that a tenant and landlord can agree to.
Firstly, there is a fixed-term tenancy that has a start and an end date and secondly, a periodic/ continuing agreement that has a start date, but no end date....


HOW TO BE A GOOD LANDLORD

Being a good landlord ultimately means, being a good business owner.
A good business owner invests significant time embracing good strategies and practices, is financially savvy, good at planning and budgeting, values their staff, is innovative and constantly evolving and changing with the times to stay ahead of their competitors....


UNDERSTANDING THE PROPERTY CYCLE

1. FALLING Prices are following a downward trend. This is the time when properties are taking longer to sell & prices are generally below expectation.
2. STABILISING We see prices become more predictable, & vendor discounting & days on market hold steady from one quarter to the next...