A residential tenancy agreement, lease agreement or tenancy agreement is the legal document that is required when a Landlord/Owner/Property Agent and Tenant/Renter enter into an agreement for the Tenant to rent a property for a specified period. A tenancy agreement is a legally binding document, and it is important that all that enter into the agreement understand the terms and conditions of the agreement and its requirements. Each state and territory have some similarities in the regulations of a tenancy agreement, however,…
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When it comes to selling your home, there are a few things that you should consider before deciding to sell and then testing the market to see if it will achieve your goal sale price. Avoiding little mistakes along the way can reduce stress and maximise the outcome. 1. Avoid overcapitalising on improvementsIt may be recommended or even necessary to carry out small improvements or renovations to your property before you put it to market. These may be necessary repairs and…
Full ArticleWhen property markets are influenced by external factors or changes in economic conditions, there can be fluctuations in how fast a property may sell. There are additional factors that can also limit the length of time that it takes to sell a property and important factors to note if you are considering selling.PriceIf a property is priced well, irrespective of the market conditions, it will sell in a shorter period, potentially in line with the time frame that you may…
Full ArticleSelecting the right agent to sell your home is a crucial piece of the puzzle to ensure that you are making informed decisions in the property sale process and in the end, comfortable with the outcome of the sale.There is no one answer to the best agent, as everyone’s approach to selling their property will be different. There are some key things that you might like to consider when choosing the right agent for you. Research the optionsIn finding an agent…
Full ArticleHeading into tax time can seem a daunting prospect with understanding what you can and can’t claim on your investment property. The good news is that a good property manager can help to keep track of your expenditure over your property and a great accountant will help with identifying and maximising the deductions that you can claim on your investment.Some of the areas that your accountant may talk to you about considering when putting through your return.Agent FeesThe professional fees that…
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