All Entries Tagged With: "rental properties"
6 Steps to a Property Portfolio Business Plan
What are the basics of a good business Plan when property investing?
a. Executive summary
b. Market analysis
c. Implementation plan
d. Sales/exit strategy
e. Financial forecasts
f. Future plans
Nice short headings aren’t they? But your business plan should be long and very detailed, down to the last degree.
6 steps to a successful Business Plan
Executive summary
The idea of the executive summary [...]
Have You Heard Of The NRAS?
The NRAS is the National rental Affordability Scheme which has been set up by the Government to encourage new affordable rental properties.
The Federal and State governments are offering an $8672-a-year incentive (in 2009) for 10 years to investors who lease their property to eligible low and moderate income households at 20% below market rates. The [...]
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 [...]
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 [...]
