The number of first time home buyers who are buying to invest is on the rise. There are a few advantages to doing this, the first being that you get onto the property ladder. Other benefits are that you can afford to buy thanks to rent paid and owners can still live where they wish and buy in another area. A big plus is the …
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Yes, it’s that time of year when your end of financial year statements will be sent to you. This important document will be sent next week and is separate from your standard monthly rental statement. It will be sent by email to those landlords who have provided email addresses otherwise a printed copy will be forwarded in the mail. If you would like to update …
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Negative gearing is being debated in the media spotlight at the moment, however it still stands as a legitimate tax reduction positive for property investors. Here’s a run down on the pros and cons of Negative gearing. Negative gearing is the process of adjusting the borrowing on a property so that annually the property operates as a financial loss, which can be used to reduce your …
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Here are some easy ways to save money on your mortgage: Look outside the big four banks for your loan. Negotiate fees, rates and conditions. If you can’t do it yourself, consider hiring an expert. Try to pay associated loan costs such as application fees, legal costs or home loan insurance costs from your own cash savings rather than adding them to your loan balance and incurring added …
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There are two types of tenancy agreements a tenant can enter into. A fixed term agreement and periodic (continuing) tenancy agreement. A fixed term tenancy has a definite commencement date and expiry date. A periodic (continuing) agreement commences from the expiry date of the fixed term, and has a no expiry date. The preferred type of tenancy is a fixed term agreement where a tenant …
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