Property Management Perth

Whether you call it “buying low” or “turning a profit on the front end,” the concept is still the same. As an investor, it is mandatory that you purchase each property for as low a price as you can negotiate. If a property is already a bargain and the seller won’t budge, you may want to purchase it anyway, but

In May, the ABS released a report called “Trends in Household Debt,” listed as “4102.0 – Australian Social Trends, 2014.” The report was an eye-opener for many, as it documented just how much debt Australians have amassed in the last 25 years. Household Debt As of 31 December 2013, total household debt was calculated to be $1.84 trillion. That works

While many investment properties in the Perth area provide cash flow or break even, others lose money every month and the investor has to pay expenses from other funds. Currently, when a residence or an investment property loses money, they can claim their losses against their income. The process is called “negative gearing” and the tax break is often the

Property investing is still the best way for the average Australian to amass wealth, but it isn’t guaranteed by any means. Throwing money at the wall and seeing what sticks doesn’t work. Here are five rules to become a smarter property investor. Research Always Trumps Speculation Speculators buy and prey; investors do their due diligence. The process is simple: use

A big part of investing is knowing how to negotiate on both ends. While plenty of savvy investors make very good profits and grow their portfolios well just from intrinsic value, it always helps if you can buy a little lower or sell a little higher. Here are five tips to help you negotiate better. He Who Talks First Loses

To all tenants: Our Perth property management team would like to give you some tips and some reminders about keeping your house clean for our routine inspections. We take care of numerous investment properties in Perth. The owners trust us to keep their homes in great shape and put everything on “autopilot” for them, leaving them time to live their

Changes in the First Home Owner Grant (FHOG) and rising prices have made it more difficult for many first home buyers to find financing. The grant is only $3,000 toward an established home, while the $10,000 grant for a new home can be a complicated process. Banks have become a lot more scrutinising of loan applications, so it can be

Pest control can be a touchy subject for both tenants and landlords. Whenever an infestation breaks out, it is human nature for each to blame the other and hold them responsible. But who is responsible legally? The answer is complex and contains some “grey area,” but here is what the WA Department of Commerce has to say: “As a general

For most renters, a rent increase ranks right next to a root canal on the desirability chart. However, it is crucial for landlords to maximise returns on their investment properties and part of that is raising the rent when it is appropriate to do so. Ultimately, no renter likes to hear that rent is being raised, so there is always

In the 1970’s, the epitome of family-friendly activity was going to the drive-in theatre. In 1973, the last drive-in theatre in the Perth area was built: The Galaxy. Now, it is the last one remaining open, outliving its peers and predecessors by over twenty years at this point. The allure of drive-in movies is the same as it was when

When buying an investment property from another investor, the chances are high that the property will have current tenants. We are often asked if it is wise to purchase properties that already have tenants. For us, you need to investigate further before knowing if you are buying a headache. There are some negatives to existing tenants being in a property,

In my latest Perth Property Market Update for April, I give you my juicy insights into the Perth rental and sale market as well as the opportunities to take advantage of in this market.