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fixed term and periodic leases

Fitzpatricks - 23/04/2015

There are two types of tenancy agreements which can be entered into. A ‘fixed term’ agreement is where the tenant and landlord are locked into the lease for a set period of time, i.e. 6 or 12 months.  Once this period expires, if the tenant wishes to stay in the property they may enter in to what is known as  a ‘periodic’ agreement, which runs week to week, unless …

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now is the time to visit your accountant

Fitzpatricks - 16/04/2015

With any form of investment there will be paperwork, tax forms and returns to be completed and investment property is no different. It is good business practice to have a pre-tax visit to obtain important information on how to maximise the return on your investment property. These are a few questions that you should be asking your accountant: Are you entitled to a tax rebate? Do …

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prime location for property investors

Fitzpatricks - 16/04/2015

A recent article by Smart Property Investment referred to Wagga Wagga as a prime location for property investors. Wagga Wagga, New South Wales’ largest inland city, is “worth considering” as a “viable option to add to a property portfolio”, according to Propertyology Managing Director Simon Pressley. The city has a median property value of $349,000 and provides “superior rental yields to those offered by the …

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ensure your property is safe and
reduce your risk

Fitzpatricks - 09/04/2015

As your managing agent we have a legal obligation and duty of care to ensure that your property is safe, clean and fit for a tenant to reside in. Property investing has become serious business. There are great long term profits to be made, however, every investment needs to be nurtured and looked after. As an investor you should be scheduling the following maintenance at …

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styling your home on a budget

Fitzpatricks - 09/04/2015

When it comes to styling your home doesn’t need to cost the earth. Investing a little time and effort into styling your home can really pay off. Thanks to discount retailers such as Kmart and Target you can now decorate your home on a budget and “on trend”.  In the middle of last year Typo also released their new range called The Hall, and this year both Kmart and Target Australia …

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