Fitzpatricks vacancy rate has been consistently lower than the total REINSW average for Riverina. Our current rate for February is 2.24%, 1.26% lower than the regions average. Constant reviews of properties that are coming up for lease or are currently vacant is essential to securing the right tenant for your property. Key areas that should be monitored are: 1st impressions: ensuring the property is presented to a …
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Our office understands the importance of rental returns on your investment. For this reason we are constantly monitoring the market rent on your behalf. When tenants vacate or a tenancy agreement is renewed, we will carry out a fair market rent review, investigating: Rental prices of similar properties in the neighbouring area Supply and demand of tenants and properties Council rate increases Interest rate increases CPI …
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Click here to view our latest property management newsletter. Topics featured in this issue include our latest property management market wrap, rental statistics for December – February plus information on our new tenancy DVD, term deposits, emergency repairs and requirements for tradespeople. Don’t miss our special promotion for your chance to receive one month’s management of your investment property for free.
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Fair wear and tear occurs through normal use or is the normal changes that take place with the aging of the property. This statement is obviously open to interpretation and can often be seen as a grey area of property management. The Residential Tenancies Act states: “At the end of the tenancy, the tenant must leave the premises and inclusions, as far as possible, in …
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There are all sorts of tax implications associated with investing in real estate and for some, tax relief is one of the main reasons we choose to buy residential property. However, while there are tax breaks attached to this type of investment, remember that the best way to build your wealth is to make a profit, not simply to reduce your tax liability. deductible expenses checklist …
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