Purchasing Rental Homes: 3 Things to Consider When Calculating and Assessing Property Income

The latest data released by the Australian Bureau of Statistics claim that more and more Australians are opting to rent rather than mortgage or purchase their home. Sweeping up some of the cheaper real estate properties on the market and transforming them into rental properties can really turn a huge profit with time. As there are quite a lot of listings available on the market, spend some time calculating and assessing the possible property income of each place before making an offer.

3 Strategies For Planning Pre-Purchase Building Inspections

With the median Australian house price at $658,608, you don't want to make mistakes when you buy a new home. Failure to inspect the home properly may set you back tens of thousands of dollars in pest control and renovation costs — money you simply don't have after paying a fortune for your new home. Pre-purchase building inspections can take the bite out before you buy by thoroughly inspecting the property to look for signs of damage and imperfections.

Tips for Creating a Small Yet Spacious and Functional Home

Smaller homes are quite popular these days, as homeowners are considering the energy consumption needed for larger homes and for maintaining rooms they might never use. While a smaller home can be more cost-efficient, you may also want to ensure it feels spacious and functional. Your home builder can assist with ideas for how to create a smaller home that still offers everything you need, but note a few tips you might discuss with him or her as well.

3 Hip Features To Incorporate Into Your Brand New Home

When you decide to build your own home, there's a strong possibility that you plan to live in it forever. Building your own home gives you the flexibility to create a space that meets everything you've ever desired. This creative guide helps you plan some hip fixtures when working with new home builders to design the living space of your dreams. Kitchen Island To Complement Your Working Benchtop If you like the idea of entertaining family and friends while cooking, then you may want to integrate a visually appealing kitchen island to complement your existing work benchtop.

Property Managers | 3 Clever Tactics To Protect Your Interests When You Allow Pets Into Your Investment Property

With nearly 63 percent of Australian households owning pets, nearly 25 million pets exist in the country. If you decide to allow pets in your rental property, then you have the opportunity to broaden the number of people targetted by you or your property managers. But many landlords are worried about the damage caused by pets. This guide offers you clever tactics to protect your own interests when you allow pets into your investment property.

Four Things Landlords Need to Know About Asbestos Management

If you own investment real estate that you rent out, you should understand the rules, regulations and industry expectations regarding asbestos. Wondering what you need to know? Here's what to consider: 1. Commercial landlords have strict requirements related to asbestos detection, disclosure and management. If you are a commercial landlord, meaning you rent out spaces to businesses including offices, retail establishments, restaurants and similar entities, you have to be compliant with strict asbestos regulations.

4 productivity tips for property managers to adopt

Even as you focus on being productive, you can easily be weighed down by all of the numerous responsibilities as a property manager. Succeeding in property management doesn't only focus on working very fast, but also working efficiently. The following are four property management productivity tips you can adopt to boost productivity. Devise clear channels of communication You need a solid communication platform in order to effectively communicate with the property owners and tenants.

Real Estate: 3 Considerations Before Buying Beachfront Real Estate Properties

Buying any real estate property is stressful, but when it comes to choosing beachfront properties, you must be aware of certain added complexities to prepare better for tackling them. Here are some factors to consider before you buy a beachfront real estate property.   Make Sure The Property Fixtures Can Withstand Weather Beachfront real estate properties face more abuse from weather elements than average homes because of the extra sea winds and salt content in the air.