Archive for the ‘News’ Category

There are 2 main areas that the proposed 2017 Budget will impact Landlords.

1 Changes to rental property depreciation deduction.

From 9 May 2017, a client who purchases an investment property will not be able to claim tax deductions on plant and equipment that have been installed by a previous investor. An investor will only be able to claim on costs for items they incur themselves.

All tax depreciation schedules set prior to May 9, will … Read more »

WINTER IS COMING!

Now is the time to make sure both your own home and your investment property are adequately prepared for the winter.

INSULATION
Look at using door and window seals to minimise draught. Repair cracks, fix windows that don’t close properly and invest in a few sand snakes to seal off any draught by doors. Your tenants will appreciate it if you leave a couple of these in the investment property too. … Read more »

Is minimum security enough?

As the Australian rental market expands and more than one-third of the nation’s population lives in rental accommodation, new standards will need to be applied to all aspects of the rental property and the most important of these is the safety of the tenants, their possessions and indeed the properties themselves.

The state tenancy laws are very vague in the matter of a minimum standard of security, they don’t define what … Read more »

Furnished or Unfurnished

At some stage during your investment lifetime you may face the dilemma of whether to rent your investment property furnished or unfurnished. There are pros and cons to both these paths so let’s take a closer look at them.

Location is the first aspect to consider. Your property really needs to be in an area that has a high degree of business travelers. Furnished apartments normally attract itinerant people. These people … Read more »

Christmas and New Year Trading Hours

Merry Christmas and a Happy New Year to everyone!

Please note the following trading hours for our office over the holiday period.

23rd December to 6th January 2017 | CLOSED

The office will be back to normal hours from Monday, 9th January 2017.

Auction Night – 13/22 New Street, Bondi


3/22 New Street, Bondi Auction.
Sold for $1,491,000, $291,000 ABOVE the reserve.

FACTS ABOUT THE SALE

⦁ Over 150 groups through the inspection

⦁ 45 contract holders

⦁ Over 20 registered bidders at auction

⦁ SOLD for $291,000 above reserve

⦁ Record price for the building

⦁ Under bidders looking to purchase in the area immediately

If your thinking of selling, contact Sandy Shuvalov 0414 327 … Read more »

Landlord Frequently Asked Questions


What do you explain to the tenant before they move into the property? 

We go through the most important expectations with our tenants as part of our tenant induction process such as…

Rent payment dates and methods
Rent arrears policy
What to do in an emergency repair situation, who to contact etc
General repairs and maintenance requests
How often … Read more »

Tenant Property Inspections

To safeguard your investment our property managers follow a systematic inspection program outlined below. Once a routine inspection has taken place, you will be provided with a comprehensive report which will also highlight any maintenance issues requiring attention.

Regular property inspections are crucial to safeguard your valuable asset and are the most effective way to ensure tenants are meeting their expectations … Read more »

Living Here in REINSW Finalist


The REINSW Awards for Excellence are one of the most significant accolade a real estate operating in NSW can receive.

This years awards program sees 21 categories spanning all facets of the industry including innovation, community services, residential and commercial professionals.

Our Senior Property Manager Zac Morgan is a finalist in the Residential Property Management section sponsored by … Read more »

Tenant Reference Checks

One of the constant issues for any landlord is how to check the previous rental history of each applicant to find the ‘right tenant’ for your property. As your managing agent Living Here provide the services that we utilise to choose the best possible tenant. These are national companies who have been operating for many years in the collection of personal data and have been established exclusively to monitor tenant … Read more »