Six Smart Ways to Attract Quality Tennants

When your investment property lies vacant for even a short time, your earnings can take a big hit. So how do you get the best out of your property in a competitive market? Here are some tips to make your property stand out from the pack. 1. What tenants want Property managers and agents know that many tenants judge properties based on the property size, the state of the kitchen, air conditioning, and storage options. It’s possible to add or fix some of these things by renovating, but beware of overcapitalising. Don’t spend more on improvements than you can realistically recoup by asking a higher rental price. 2. Maximise your floor plan Obviously the number of bedrooms in a rental property i

Herron Todd White - Month in Review February

2019 has the numeric distinction of being a single digit short of a significant click over in the calendar. Doesn’t that seem to promote intrinsic promise? In this respect, it’s like some sort of “almost ran” figure... tantalisingly close to 2020 but not quite there. In reality though, 2019 should be a year of rejuvenation. This year, we actually do have an opportunity for cathartics. Anyone who looked back to the December issue of our Month In Review will know that the tail end of 2018 saw real estate news dominated by the trials and tribulations of finance. Heading into this year, we are dealing with the same issues, but the pendulum is beginning to swing back. Many at the helm of our

What does the Royal Commission Report mean for us and for you?

As you may have heard, over the past 12 months there has been a Royal Commission into Misconduct into Banking, Superannuation and Financial Services. On Monday 4 February, the Government released the Final Report which contained recommendations around mortgage brokers (advisers) which you may have heard about. The Government also announced their response to the Final Report. You may have heard about the recommendation that customers could pay a “fee for service” for our services to you as your mortgage broker (adviser). The current service we provide you, our valued clients, has not changed. Our services as a mortgage broker (adviser) to you, continues to be at no charge. We are li

RBA Interest Rate Decision - February 2019

At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economy grew above trend in 2018, although it slowed in the second half of the year. Unemployment rates in most advanced economies are low. The outlook for global growth remains reasonable, although downside risks have increased. The trade tensions are affecting global trade and some investment decisions. Growth in the Chinese economy has continued to slow, with the authorities easing policy while continuing to pay close attention to the risks in the financial sector. Globally, headline inflation rates have moved lower due to the decline in oil prices, although core inflation has picked up i

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