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 »