Helping You Find A Home To Rent
Posted on 02 July, 2014 in renting, Proeperty Management, Investment, Investors, Tenants
Brad from Palmerston writes:"Chilcott Real Estate really helped me and my family find our home when other Real Estate companies wouldn't just because we were new to renting. Chilcott's also went to extra lengths of finding the home that suited me and my family’s needs just right. We have lived in our home for 3 months now with no problems and really feel like we can count on the support of…
Read moreHow Valuable Is Your Time
Posted on 20 June, 2014 in General
Imagine there is a bank that credits your account with $86,400 at the start of each day.It carries over no balance to the next day and deletes whatever hasn’t been used at the end of the day.WHAT WOULD YOU DO???Draw out every cent of course!!! Each of us has such an account and it’s called TIME.At the start of every day it credits you with 86,400 seconds.At the end of the day it writes off…
Read moreDepreciation Schedules - By Independent Property Inspectors
Posted on 04 June, 2014 in Proeperty Management, Tax Information, Investors
What is Property Tax Depreciation? Very briefly, depreciation is the decrease in value of an item over time. Think of the tax deduction for depreciation as compensation for wear and tear. Buildings being rented out suffer wear and tear, so do the Assets (fixtures and fittings or chattels). Depreciation is a tax deduction. Other tax deductions claimed by property investors include: council/water rates,…
Read moreLatest RPData article on rental increases slowest since 2005
Posted on 24 January, 2014 in Investment, Landlord, Portfolio, Rental Prices
Article by RP Data senior research analyst, Cameron Kusher Rental rates across the combined capital cities increased by just 2.8% throughout 2013 with appreciation in dwelling values significantly outpacing rental growth resulting in lower gross rental yields for investors. Across the combined capital cities, house rents increased by 2.8% in 2013 compared to a 3.2% increase in unit rentals.…
Read moreThe Value of Landlord Insurance
Posted on 07 January, 2014 in Insurance, Property Management
Being a landlord can be very rewarding. It can also be stressful. There’s the inevitable maintenance and associated costs that come with owning any property. There can also be issues with tenants. Appointing a Property Manager is one way of dealing with the risks and stress of owning your own property. However no Property Manager can watch your tenant 24 hours a day, 7 days a week. This…
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