As we head into the last quarter of the financial year, we spotlight an area of taxation that is often overlooked when it comes to the deductions you make; depreciation. It’s very easy to do given it is a non-cash deduction. In the first financial year, on average, investors can expect to claim around $9,000 in depreciation deductions. Depreciation comes in two forms — capital works and plant and equipment … Read the full post »
Are tenants responsible for pest control?
Who is responsible for getting rid of pests in a rental property? This can be a common area of complaint from both landlords and tenants.
This is understandable because the guidelines for ‘who is responsible for getting rid of pests within a rental property’ is not so black and white. It depends on certain details in a scenario … Read the full post »
Securing strong rental yields from rental income should be the strategy of many property investors. Strengthening this further does not always have to wait until market conditions improve. Here are a few tips to consider:
Adding security
Ensuring that doors and windows have good key locks, and even adding a security alarm provides peace of mind and sense of wellbeing and safety. Tenants can also receive a discount on their tenant contents … Read the full post »
Need to landscape your investment property on a budget?
Recycled paving – buying products such as pavers or bricks from Marketplace and Gumtree is a great way to save some money on materials, otherwise you can find pavers in good condition from people simply changing their existing pavers. Just 10m2 is enough for an outdoor setting. Ideally a shade sail over the paved area will make the space … Read the full post »
Budget for success with your investment property
Budgeting does not solely apply to balancing the books of a company or a household budget, it is also essential to the successful financial planning when owning an investment property.
Intelligent property investors are very mindful they should prepare a budget to cover all contingencies throughout the lifetime of owning their investment property.
It is vital that careful … Read the full post »
While property managers make it clear to tenants that they must clean their leased property to a high standard before they vacate, condition reports do allow for inevitable wear and tear on a rental property after long leases and multiple tenants.
A property can appear to be scrupulously clean at first glance, but the natural ageing of high-use areas such as hallways, lounge … Read the full post »
Selling a tenanted property brings with it all kinds of obstacles, some foreseen and others can be slightly challenging. If your preference is to have the property vacant, you have flexible access for inspections and you don’t need to consider the tidiness of the property. On the downside, you are not receiving rental income during the marketing and sales campaign.
By allowing tenants to remain in the home, you improve the … Read the full post »
Merry Christmas from all of us at Guardian Realty.
Thank you to all of our vendors, purchasers, landlords, tenants, tradespeople, suppliers, baristas, family, friends & local community for your ongoing support in the craziest year we’ve ever had.
Despite the challenges that 2020 has brought, we have helped 371 families find their new home. Property prices in & around The Hills District keep going up, and we’re proud to have achieved the … Read the full post »
After just 3 weeks on the market, we’re pleased to report that 11 Ascot Road, Kenthurst has SOLD for $7,200,000 – the highest price ever achieved in Kenthurst, by Agents Ben Jobberns & Harrison Mahaffie from Guardian Realty.
Set on 5 fully arable acres, this Kenthurst mansion named ‘Longuevue’ is a well-known residence. The Georgian-style property is modelled on … Read the full post »
Tenants moving out and it’s time to re-lease?
Here are eight top tips to ensure your property is as well-presented as possible.
– Street appeal is of paramount importance. You should ensure that your windows, doors and gutters are clean and that your pathway is clear. External paintwork should be touched up and endeavor to keep your garden looking healthy and well maintained.
– Repair … Read the full post »
Due to an Internal Promotion (Congratulations Mitchell) we are recruiting for a Leasing Officer, at Guardian Realty Dural.
In this role, you’ll be face of our Property Management department. You’ll have great communication & administration skills, and be very confident speaking with prospective tenants and running rental Open Homes. In-fact, you’ll be handling everything from the tenants initial enquiry, right through to when they sign their Lease (including … Read the full post »
What the term “fair wear & tear” means when it comes to making allowances for tenants
Some landlords question us when we tell them that we are required by law to make an allowance for fair wear and tear in their property. Unlike what you may think, this is by no means an excuse to let tenants get away with damaging your property.
The fact is, the older a property becomes and … Read the full post »