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Finding a rental property can feel like a full-time job. With rental vacancies at all-time low, would-be tenants are reporting more difficulties than ever. It’s not unusual for a single property to attract 50 or more applicants – especially in high-demand markets. If you’re looking for a place to live, the process can be dispiriting…
Read moreIf you own an investment property, or you’re planning to buy one, now might be the perfect time. The rental market is as tight as we’ve ever seen it, with new listings snapped up quickly by eager tenants. As a landlord, this environment offers more peace of mind than you’d usually enjoy, since a vacant…
Read moreAn investment property is a huge financial commitment. It can also set you firmly on the path to financial freedom, or added security in your golden years. But for an investment property to pay off, you need great tenants now. Even in boom times, it’s worth putting in the effort to get the best tenants…
Read moreWhat are my rights if my tenant can’t pay rent? On 29 March, Scott Morrison announced that “states and territories will be moving to put a moratorium on evictions of persons as a result of financial distress … for the next six months”. This is, of course, part of the government’s response to the economic…
Read moreIf you own an investment property, the rent you charge is the income you derive from that property. If you don’t raise the rent every now and then, your income will fall behind in real terms due to inflation. But if you raise it too often, or by too large a margin, you run the…
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