We consistently achieve a lower vacancy rate than the average for the region. In August 2015, the vacancy rate for the Riverina was 2.8%, while Fitzpatricks Real Estate achieved 1.8%.
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Mr Fluffy and investment properties
Was your property constructed or renovated before 1980? Throughout the 1960s to the 1980s, pure loose-fill asbestos was sold as ceiling insulation to residential and commercial premises. A Canberra based company known as ‘Mr Fluffy’ installed insulation in around 1,000 houses in the ACT, and it is also understood to have installed insulation into homes in NSW. There is a possibility that the company may …
Continue readingThe 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 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 …
Continue readingYou can be confident that our office understands the importance of rental returns on your investment and for this reason we are constantly monitoring the market rent on your behalf. When a tenant vacates or a tenancy agreement is renewed, we automatically carry out fair market rent reviews to ensure that we are maximising your income. If a rent increase is justified we will discuss …
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