The old saying that ‘hell hath no fury like a woman scorned' hit home in dramatic fashion for a Queensland landlord and his ill-fated tenant recently.

This particular claim involves a male tenant who was happily renting a property on the Gold Coast, Queensland. On occasion, his girlfriend would stay at the property with him.

That was until she found out he was married.

Congratulations to our superstar letting and marketing manager, Matthew Brammall for his amazing effort in renting 8 properties in 1 week. Matthew says "The difference between us and our competitors is, we will never treat our customers as an interruption, we will never treat them as a number at an open home.

Tuesday marked the first day of Spring, but otherwise no change for borrowers, when the Reserve Bank decided to leave the official cash rate unchanged at 3 per cent for the fifth month in a row.

In a statement announcing the decision, Reserve Bank Governor Glenn Stevens said that with higher dwelling activity and public demand, it now appears that investment may not be as weak over the year ahead as earlier expected.

"Housing credit has been solid and dwelling prices have risen over recent months", Governor Stevens said.

A LONG-awaited Rental Deposit Authority has been introduced to end messy disputes between tenants and landlords. From July 1, Tasmania's 32,000 private rental property tenants will be required to pay bonds to a central authority. It will become illegal for landlords to handle bonds directly.

Consumer Protection Minister Lisa Singh said the existing system was open to abuse by unscrupulous property owners who sometimes delayed returning bonds or did not return them at all.

Vendors offering to guarantee the rental income from property purchased for investment purposes are usually associated with residential property. However, they are also offered for commercial and industrial property as well.
The word “guaranteed” can sometimes be misleading. The offer of a rental guarantee is only as good as the company giving the guarantee, its commitment to the offer, continued operation and having sufficient financial resources (including a positive cash flow) to fund rental shortfalls on behalf of 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.

source: news.com.au
A BIG increase in funding to encourage the construction of affordable housing could form part of the stimulus package being considered by the Government as the economic crisis worsens.

Bricks and mortar remain one of the most popular and effective ways to build long-term wealth, without the wild swings share market investors have experienced this year, however this type of investing has it's own risks that need to be recognised and managed carefully.

Are you obtaining the full cash flow benefit of all allowable deductions against the income received from your investment property?

When things are tight an improved cash flow may be the difference between being able to maintain an investment property and having to sell up. Alternatively having an improved cash flow can enable a reduction in debt and save substantial interest costs over the term of an investment loan, potentially enabling you the investor to add further property to their portfolio sooner rather than later.

Location, location, location! Real estate agents often emphasise how important location is when buying a property.

Following are a few alternative tips that you can take into consideration when buying your next investment.