Toongabbie Wild Weather Warning: CHECK YOUR INSURANCE POLICY NOW!
As the damages bill from recent extreme weather continues around NSW and Toongabbie are you wondering just what their property insurance will cover. Was damage caused by a flood, or storm water run-off? The Insurance Council of Australia (ICA) warned that not all property insurance policies will cover policy holders for this type of flood event and that policy holders […]
4 Secrets To What Attracts A Tenant To A Property
Property Investment in Seven Hills and in general is all about securing a good tenant for as long a period of time as possible. Therefore, when considering buying an investment property for this purpose, it is important that you choose the right property and also consider adding features that will attract the right tenant. 1) […]
Are You Missing Out On $5,000 Worth Of Investment Property Negative Gearing Deductions?
We have many owners ask us about what investment property negative gearing deductions they can claim. Well The Australian Tax Office (ATO) has clarified negative gearing for rental properties as tens of thousands of Australian property investors submit their annual tax returns. According to the ATO, when investors complete their tax return for the relevant year, they may […]
Why Landlords Should Not Try To Save Money On Property Insurance!
Being a landlord can be an extremely profitable business but without the right planning it can also become very costly. TWO people had to be rescued from a car after it smashed into house in Sydney’s western suburbs Wednesday afternoon. As a landlord everything is fine financially whilst you have tenants in a property but […]
5 Investment Property Safety Tips That You Should Know That Could Save You $10,000
Safety for property investors is an issue that has more exposure today than ever before! As a property owner, it is important that a rental property is provided as safe and secure as possible. In the next several weeks, we will look at some ways you can improve the safety in your investment. Tip 1 […]
Why Do I Need A Real Estate Agent If I Can Manage The Property Myself ??
Many landlords have chosen to rent the premises themselves to save money, however they come out the other end disappointed and disillusioned with renting and in a worse financial position than they would have been with an agent. New research shows Landlords who use the services of a Property Manager are 15% more likely to […]
Are You Looking After The Place? Is It The Landlord Or The Tenants Responsibility
Here at Elders Real Estate we have recently had a number of enquiries from prospective Landlords regarding repairs and maintenance obligations of the tenant and landlord. The following information may be of interest generally and is sourced from the Tenancy Handbook published by the NSW Office of Fair Trading. Repairs Landlord’s General Responsibilities The […]
4 Quick Tips To Avoid Rent Ruined & Select The Best Tenant Ever!
When selecting a new investment property tenant in Seven Hills NSW — it is important to note that rental references are the most important indicator of how your tenancy will perform– this indicates who they really are as a tenant– their true colours! Employment is of secondary importance as this only confirms how much the tenant […]
4 Ways To Make Property Profits in Sydney’s West
There are 4 ways to make money out of property investments in Sydney’s West and most of the time they only look at one or two of these. Let’s look at them.… 1. Passive Appreciation That’s when the property value goes up in line with the general property market and over time well located properties in Australia in good […]
Management Of Investment Property Costs Baby Isabella’s Life
A REAL LIFE STORY… This is not a happy story but I believe every property owner not just Seven Hills needs to read to remember that property management really is serious business. Property Management is Serious Business! The death of baby Isabella who fell from her father’s arms when his foot went through a rotten veranda […]
Property Investors Beware! 24 Hours To Do Repairs & Maintenance
Property repairs and maintenance in Seven Hills NSW are a constant source of grief for many of our Property Investors, unfortunately recent rulings from the Consumer Trader & Tenancy Tribunal have been pretty tough on some property investors that have not undertaken required repairs and maintenance quickly. Urgent repairs are required to be completed within 24 […]