3 Questions to help decide if rental property management is right for you
If you own rental units, you may feel the need to manage everything yourself. Many property owners wish to maintain full control of their properties so they can reap all the benefits directly. However, managing the entire property by yourself can easily become overwhelming. Tenants often require constant and reliable services, from regular repairs to dealing with rent collection. Your daily schedule may not provide enough time to cater to such frequent tasks.
Avoid These Common Mistakes When Buying a Home as an Investment
If you're buying a home with plans to live in it indefinitely, you may be considering how its location, size and features fit your own lifestyle, without much thought as to its potential resale value. However, if you're thinking about buying real estate in order to resell it, you need to think about its potential value to other homebuyers and not if it fits your taste in particular. Note a few mistakes to avoid when buying a home as an investment so you know your purchase will eventually earn a nice profit when you are ready to sell.
Enjoying a Serene Retirement: 3 Retirement Villa Features that Will Affect the Amount of Peace and Quiet You Enjoy
More and more Australians are retiring earlier and earlier. The most recent statistics show that the average age of retirement was 53.8 in 2012 Upon retiring, many Australians would like to spend the rest of their life enjoying some peace and quiet. The environment offered by retirement villas may be just what you're looking for. If peace and quiet is a critical requirement for your retirement, look for these three features when on the market for a retirement villa.
3 Considerations For Overseas Landlords To Negotiate A Sweet Deal With A Property Management Company
If you're an overseas property investor or simply don't want the hassle of managing rental properties on your own, then hiring a professional property management company is a good idea because they will take care of all property-related aspects in your absence. But getting maximum value from your property manager requires careful consideration. This guide aims to equip you with certain considerations to negotiate a sweet deal with your property management company, as an overseas landlord.
Asbestos Management Plans: 5 Facts ACT Residential Landlords Should Know
If you want to rent out residential property in ACT, you must consider the risk of asbestos exposure. Australian construction companies used asbestos extensively for several decades, and if your property was built before 1980, there's a high risk you may have asbestos to manage. An asbestos management plan can help you deal with the issue, but you need to strictly adhere to state regulations. Learn how to keep your tenants safe with the five following facts about asbestos management plans.
Do Your Due Diligence Before Buying In A Flood Zone: Four Elements To Investigate
If you have always dreamed of living along the coast or near a river bank, a buyer's advocate can help you find the house of your dreams. Before signing the mortgage and making the house your own, however, you need to do a bit of due diligence. With the help of your buyer's advocate, you need to gather information on the property, its history and any potential costs related to it being in a flood zone.
Three Tips To Consider Before You Buy A Holiday Home
Analysts predict that real estate investment will look attractive this year, thanks to lowering interest rates. Hot on the heels of your summer holidays, you may be considering purchasing a holiday home that you can enjoy each year and rent out when you are not using it. Before you do so, consider these three tips so that your investment is one that makes you money, rather than costing you dearly.