October, 2009

First Home Buyers Wave to Subside

Submitted by Michelle on Thu, 10/22/2009 - 17:56

FIRST home buyers have drastically increased their representation in Launceston's real estate landscape over the past year, but that is set to change as the Federal Government's First Home Buyer Grant is wound back.
Between October 1 and December 31, first home buyers will get $10,500 for buying an established home and $14,000 for buying or building a new home.

Property Investors - Commonly asked Questions

Submitted by Michelle on Wed, 10/14/2009 - 17:59

question mark What is Landlord protection insurance?
What happens when a tenant is behind in rental payments?
Are rental inspections necessary?
How do you select the right tenants?
What is a property condition report?
Why is it necessary for a property condition report?
What is a routine inspection?

Client Interview - 3 Properties @ 21

Submitted by Michelle on Wed, 10/14/2009 - 10:27

When did you buy your first investment property?

I purchased my first property at 19 years of age. It was a 2 bedroom brick unit in Newham, Tasmania located very close to the University and Maritime College. I did a little research first and found there was a shortage of student accommodation in the area which leads to a strong demand.

What is the difference between a fixed and non fixed term tenancy?

Submitted by Michelle on Mon, 10/05/2009 - 12:49

signing agreement There are two types of tenancy agreements that an owner and a tenant can enter into. The first is a fixed- term agreement and second, a periodic tenancy agreement.