https://www.youtube.com/watch?v=Gey6PO1juCs&feature=youtu.be So, the property here, just over my shoulder, is one of my first investment properties. I did a live video a couple of years ago explaining that I always attend my annual inspections with my property manager. Now, there's three reasons why I do that. Reason one. Because I get to make sure that my property manager is doing their job. I pay money for a service, I wanna make [...]
https://www.youtube.com/watch?v=EP_2iA_qeOk One of my top tips in keeping a tenant happy in an investment property is to let them do things to make it their home. So let them put pictures up on the wall, let them pour a concrete slab to put their wheelie bins on. One of my tenants wanted to put a garden shed and a concrete slab for the wheelie bins, they're very much into their garden, [...]
https://youtu.be/HS1tHCBNauY Hi everyone, Leonie here from Wealthology and today I wanted to give you some tips to increasing your rent on your investment properties. December is a great time to notify your tenant that you'll be increasing your rent. So we recommend having your tenancy agreement expire in January. You must give eight weeks notice to a tenant that you're increasing the rent or that you're wanting the tenant to move [...]
Passive income means making money without work. Of course, there’s no such thing as 100% passive income. You’ll always have to do a little bit to take care of your money but you can get very close to passive income through investment. Why Does That Matter? If you want to be wealthy, there has to be a time when your money starts to work for you. High earners often aren’t [...]
Thinking about getting into property investment but wondering how the positives and negatives balance on the scales? No problem! Let’s take a look at the pros and cons of property investment and how to make the most out of your investment in property. Let’s take a look at the cons first: It used to be that your rental income wouldn’t cover your mortgage payments but in Australia’s funny property market [...]
So, you’ve decided to invest in property as a way of securing your future wealth but you’re not sure what you should be looking for in a property. That’s OK, let me show you the 8 most important ways to spot a good property investment. 8 Ways To Spot A Good Property Investment The Neighbourhood - the best neighbourhoods are desirable to live in and are full of people who [...]
We get asked this question a lot in the course of our work and it’s not completely straightforward to answer because there’s no single hotspot but we can help you narrow down where to look very easily. Regional and Mining Towns Some of the biggest gains have taken place in small regional and mining towns, that can lead to people thinking these are the best place to funnel investment in [...]
https://youtu.be/TkX5ZZmf0Vk So I'm standing here directly opposite one of my investment properties and you'll see these beautiful park lands areas behind me. Now this is one of the things that I look for when searching for properties for my investment clients is recreational areas. It's one of a top few things that I look for. The other thing I look for is schools, jobs, good transport and shopping facilities. But these [...]
