Part of your obligation as Property Manager or Landlord is to ensure you provide the tenant with a “reasonably secure” property.
As a property investor, you could be entitled to tax savings by claiming depreciation. To claim this, you’ll need a depreciation schedule.
A tax depreciation schedule is a report with details of the depreciation entitlements available within your investment property. This allows you to enjoy significant tax savings as your property investment grows.
If you think you’ve found a star tenant for your rental property, you definitely want to keep them around for as long as possible. Nobody wants long periods of vacancy and having a long-term tenant can give you a sense of security, especially if they’re a reliable one.
A shared tenancy is when more than one person is named as tenant on a residential tenancy agreement. In the event that one or more co-tenants may want to make changes to the agreement, you will need to be prepared as Landlord or Property Manager.
There are some benefits to staging a rental property, as long as you’re doing it right. You could even end up achieving a higher rent when presenting the property to potential tenants.
As we settle into the winter months, you’ll want to make sure your property is in top condition to keep tenants happy and to avoid wintertime vacancy.
There are plenty of good reasons to change the locks at a rental property. For the Property Manager or Landlord, this would mean employing the services of a locksmith.
What is quiet enjoyment in a tenancy and how can you ensure it? Quiet enjoyment is a tenant’s right to enjoy a property as their own home and being entitled to reasonable peace, comfort and privacy.
Not only does solar power benefit the environment, it saves the tenant on electricity bills, making your property even more attractive. Also, according to Queensland legislation, Landlords may be able to claim a bonus.
At the end of a tenancy, the Landlord or Property Manager should conduct a thorough inspection of property to see what needs to be taken care of before the start of the next tenancy. Also, this should help in finding issues that the previous tenant should be responsible for.
Water damage can lead to the mould growth, timber decay and a musty smell. Not only does this result in an unsafe and uncomfortable home, but the Landlord or Property Manager must deal with the repair of the damage as well as its source.
Property co-ownership has its benefits, one of which is allowing the owners to divide the costs of purchasing the property as well as its maintenance. Another benefit is you get to pay the mortgage faster as more than one person pays for it.