April, 2009

Selling a Tenanted Property

If you are looking to sell your investment property, it is important to communicate with the tenants as they can often feel like their privacy and quiet enjoyment has been invaded. If you get a tenant off side, it can cause unnecessary challenges and inhibit your ability to sell the property quickly and for the best possible price. For this reason, it is important that your managing agent is always the first to be notified of your intention to sell.

A Disaster Waiting to Happen

Source: News.com.au
FIRST-HOME buyers are being warned that generous loan criteria could land them in financial stress, after revelations that the top four banks will lend up to $465,000 to a purchaser on a salary of $70,000 a year.

Demand for Quality Homes

It’s interesting when you hear that there is such a massive demand on rental properties in Launceston, yet when you search the internet you find hundreds of properties for rent! Why is it so? Michelle from @home property management solutions say’s that “there is very much a shortage of affordable rental homes in Launceston, not necessarily an overall market shortage".

Remember Your Credit Report

It is a common occurrence that prospective tenants submit an application and forget to obtain their credit history report. This can cause delays and may even result in you missing out on the property if another applicant has supplied all that is needed to process the application. As managing agents, it is our responsibility to gather as much information as possible about the applicant and to secure a tenant in the quickest possible time frame. As a part of the application criteria we require a current credit history report from each applicant.

60 Days FREE Landlord Insurance

Why do I need Landlord Insurance?

As property managers we have a duty of care to ensure you are aware of risks you may be exposed to with your property.

Although there is an abundance of insurance policies available today, the difficulty can be to find one that not only has the cover you require, but will perform efficiently when it comes time to make a claim.

Home Loan Tips for Property Investors

Please read the following tips to ensure you don’t fall into the trap that many investors do each year when looking for that perfect home loan.