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 …
Continue readingLooking for some inspiration to get your home organised or create some extra storage? Here’s some great tips to help you get started. 1. Bookshelf Storage Old bookshelves can be reused to create great storage units. For smaller items you can buy baskets or storage containers that keep them tidy and make them easily accessible. This idea from bhg.com has mounted numerous bookshelves on the wall. …
Continue readingYes, 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 …
Continue readingDuring the 1960s and 1970s, loose fill asbestos was sold as ceiling insulation and used for residential and commercial purposes. While being mainly sold in the ACT as Mr Fluffy, there are a small number of properties within NSW that have been found to contain it. The Australian Government has launched an investigation to find out how many homes contain the insulation and Wagga Wagga …
Continue readingNegative 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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