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RSSArchive for October, 2009

Use Care When Choosing Tradespeople For Your Rental Properties

Use Care When Choosing Tradespeople For Your Rental Properties

When bringing trades people into your rental properties for property repairs or property renovations, do check that they are qualified to do the work, that they have up-to-date licences and also check their insurance cover.
If the person you employ to do a job has staff or sub-contractors working on the property, make sure that they [...]

From A Global Financial Crisis New Millionaires Emerge

From A Global Financial Crisis New Millionaires Emerge

Why I am writing about this today is because one, the statement is very true and it could be you!
But secondly, I wanted to point out to fairly new investors and to the more experienced investors too, just how important it is that you use the right buying entity when going to contract.
Put simply, one [...]

Cover Your Bases When Employing Tradespeople At Your Rental Properties

Cover Your Bases When Employing Tradespeople At Your Rental Properties

You have chosen the tradespeople to approach and you are now going to speak to them about your work.
So that there can be no confusion or comeback later on, have your requirements in writing.  That way their quotes should cover every detail of the job involved.
When you get your quotes get your quantity surveyor to [...]

Government Assistance For Ceiling Insulation

Government Assistance For Ceiling Insulation

Under the Energy Efficient Homes Package the Australian Government is providing assistance of up to $1000 to landlords and tenants for the installation of new ceiling insulation in existing rental and other properties.
Property owners can apply for assistance for each dwelling they own, whether it is permanently let for is used for holiday letting.  The [...]

Come along and visit us at the Sydney Home Buyer Show 31 Oct and 1 Nov

Come along and visit us at the Sydney Home Buyer Show 31 Oct and 1 Nov

We are looking forward to the Sydney Home Buyer Show this weekend and would love to meet you if you are visiting.  Call in and say “Hi” at our stand G1 which is right by the front door.
We would love to have the opportunity to discuss with you first hand about the benefits of TAX [...]

Property Insurance Is A Bit Of A Misnomer

Property Insurance Is A Bit Of A Misnomer

Property Management Changes To Be Aware Of

Property Management Changes To Be Aware Of

Add these costs to the cost of the physical rebuild and you have well above what most people will estimate as the replacement cost of the property.
So let’s analyse this for a house that you have owned for 5 years and bought new:
Property Purchase price                  $          350,000
Section 71 of the new Residential Tenancies and Rooming [...]

Let’s Look At Recycled Paper For Use In Insulation

Let’s Look At Recycled Paper For Use In Insulation

Have you had cause to make a property claim because of fire, flood or anything else that caused total destruction of your property?
Many of us who have not had the cause to make a total claim do not realise some of the implications of owning a property insurance policy.
If you have total property destruction you [...]

Which Of Your Investment Properties Are Producing?

Which Of Your Investment Properties Are Producing?

Generally speaking prices throughout Australia have held pretty well over the last couple of years through this financial crisis.
So this begs the question, “If you are still holding onto properties that are not producing well, should you think about selling them?”
It really is time to be planning for the next couple of years and there [...]

Timbercrete Fire Bunkers Have The Highest Possible Fire Rating

Timbercrete Fire Bunkers Have The Highest Possible Fire Rating

“In response to the devastating bushfires in Victoria, as well as possible future fires in other areas, Timbercrete has now launched a fire bunker or safety house constructed from arguably Australia’s most fire resistant building product; Timbercrete.”
The fire resistant bunker is produced in kit form and there are licensed dealers to contact.
This Australian invented and [...]

Have you ever considered using hemp for a building material?

Have you ever considered using hemp for a building material?

Did you know that it can be stronger than cement and 1/6th the weight?
There is a French woman who has built over 300 houses with a mixture of hemp and cement lime.  When the hemp fibres are mixed with the cement lime the hemp petrifies and turns to rock.  Madam Pierrier has more orders than [...]

Are You Having Plans Drawn Up For Your Renovation?

Are You Having Plans Drawn Up For Your Renovation?

Do you know the difference between a draftsperson and an architect?  I am sure you will know there is a difference but do you know when you would use one and not the other?
A draftsman is a more technical person who will capably draw up the construction plans as described to him.  He will also [...]

Using economical products to tidy up outside........

Using economical products to tidy up outside……..

As a property investor it is important that your property repairs are done without delay but done with a minimum of fuss and bother to the tenants.
Cost is also of great importance.  Your materials need to be able to stand the test of time but not be expensive.
Garden Areas
There is more chance of your tenants [...]