Increase rental income and deductions

12-Dec-2019 15:44:35 Share this:
 

See how a renovation achieved a 13 per cent yield from our business partners at BMT Tax Depreciation. Australia’s renovations industry appears to be profiting from weaker economic conditions and tighter lending standards, with alterations and additions to residential buildings hitting a historic high recently. Australian Bureau of Statistics December Building Activity data showed a 6.6 per cent increase in alterations and additions in 2018, with renovation spending reaching $2.27 billion in the December quarter.

This indicates homeowners and investors seeking to improve capital values and increase rental income have been renovating their properties, rather than purchasing anew. It’s expected this boom will continue, as Master Builders Australia has forecast homeowners and investors will spend $8.8 billion annually on renovations over the next five years.

 


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Topics: Renovations, Rental Property Renovations


Plumbing crisis management

12-Dec-2019 15:31:33 Share this:
 

A plumbing emergency can happen at any time, and invariably when it is most inconvenient. Here are some helpful tips on dealing with a plumbing crisis before the expert arrives.


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Topics: Rental Property Renovations


Ready to buy? Take four breaths

11-Dec-2019 14:15:00 Share this:
 

The home is exactly what you’re looking for at the right price. There are other buyers circling with offers, and you feel an urgency to do something or miss out.


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Topics: Home Buying Traps, Buying a home, Buying Tips


The insider's guide to buying or selling at auction

22-Nov-2019 08:20:28 Share this:
 

Whether you love the thrill of an auction or your knees tremble at the thought, auctions have become the preferred method of selling property in most of the major centres across the country.

For those who are new to the process, buying or selling at auction can appear daunting. Don’t be put off! There are many advantages, and a few tips and tricks, that you should know about before entering the auction room.


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Topics: Buying at auction


Pre-approvals: 3 Things You Need to Know

22-Nov-2019 07:45:46 Share this:

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Topics: Home Loan, Home Loan Advice, Home loan pre-approval


Can non-residents buy property in Australia?

17-Oct-2019 14:37:46 Share this:

 

Tighter regulations have made it tougher than ever for non-resident buyers to buy property in Australia. While the process may seem near impossible to navigate, once you understand the framework the Government uses to approve applications, it’s actually fairly straightforward. Take a look at what you need to know.

 

 


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Topics: Buying a home, Relocating


Rental Property Renovation: 3 Questions to ask yourself first

11-Oct-2019 12:15:00 Share this:

Renovating a rental property can be a costly exercise but making improvements to the property can yield a healthy return. To ensure you’re maximising your investment, it’s important not to overcapitalise, to stick to your budget, and to use durable products and materials. If you are considering renovating your rental property, ask yourself these 3 questions first.

 


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Topics: DIY, Investment Property


How to design a lawn-free landscape

10-Oct-2019 08:14:20 Share this:

 

 

With climate change affecting weather around the world, many homeowners are replacing turf with low-maintenance landscape ideas.

 

 

 


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Topics: DIY, Gardening


Here comes the heat

09-Oct-2019 15:54:27 Share this:

 

Our wonderful Australia summer can cause problems for those plants in your garden. Using these few tips, you can achieve maximum water efficiency and retention of natural rainfall.


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Topics: DIY, Gardening


How to get your pool ready for summer

09-Sep-2019 10:33:09 Share this:

 

With the warmer weather approaching, now is the time to give your pool some pre- summer care after limited use during the cooler months. 

 

 



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Topics: Home Tips