As we write this article, there is a deluge outside our office. The combination of rain and wind is reminiscent of the April 2015 super storm in which many parts of the Hunter received record rainfall.
Regardless of the whether outside your window, it's never a bad time to check your level of preparation should a severe storm appear on the horizon.
If you're a landlord or landlord-to-be and you're asking the question "Do I Need Landlord Insurance?" - the answer is undoubtably yes. This article explains why.
However even if you have landlord insurance for your investment property, it's worth taking the time to consider these few questions to ensure your policy is up to date and your investment is covered securely.
There are many options to potential investors looking to build wealth or financial independence: shares, bonds, additional super contributions, terms deposits, and countless others.
In this article we're going to take a look specifically at the pros and cons of investment property. This is a guide only and you should discuss your individual circumstances with your accountant and/or financial advisor before taking any action.
When looking to rent out an investment property, landlords with inevitably ask "How much rent do you think I can get for it?". We covered the intricacies of attempting to work this out yourself in the article What Can I Rent My House Out For?
Unfortunately, in efforts of wooing a prospective landlord, some real estate agencies will provide an inflated and at times unrealistic estimate of rental return. In this article, we wanted to break down what this means for the landlord.
When it's hot, there can be nothing better than taking a dip in a pool - especially if the pool is in your own backyard. These days, installing a temporary inflatable pool can be an appealing option.
Legally, and for very good reason, there are regulations to be aware of before you "dive in" to an inflatable pool solution.
The process of a potential tenant offering more money than advertised for a rental property is known as "rent bidding".
As at the time of writing, rent bidding is illegal in Queensland though not specifically against the law in other states including New South Wales. As such, real estate agencies take different positions on whether they will accept or encourage rent bidding among potential tenants.
First, let's take a look at how rent bidding can happen, and our position on this activity.
There has been a lot of talk recently around Mark Zuckerberg's announcement that Facebook will change its algorithm to promote more personal content and less from businesses, brands and media.
For some time, the advertising industry has also provided commentary on real estate being the "sleeping giant" that social media and other advertising platforms have only just woken up to.
So, it stands to reason that somebody wishing to rent their investment property may now be able to streamline the process of advertising - and save cost - by managing the marketing process themselves using platforms such as Facebook.
About Carnelian Property Management Newcastle
We are a family-owned and run Newcastle business. We’re landlords. We’re home owners. We’ve also been long-term tenants. We are refreshingly accessible with intimate knowledge of the greater Newcastle, Lake Macquarie and Fern Bay rental markets.
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