Many landlords don’t think about the immediate dangers of self-managing their investment property and sometimes think it is as simple as collecting the rent from their tenants. This couldn’t be further from the reality of what it takes to manage the tenancy of your investment property… Can you afford to take the risk? The immediate dangers in self-managing are leaving yourselves open to many risks …
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In February 2016, the vacancy rate for the Riverina was 3.90%, while Fitzpatricks Real Estate achieved 3.33%. Our lower vacancy rate is primarily due to having a dedicated leasing consultant showing our properties on demand, with our inspection program providing the perfect vehicle to ensure we can deliver prompt viewing inspections to all interested tenants. Would you like to be kept updated on our new property listings? …
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Last week, members of our team attended a seminar presented by the Office of Fair Trading regarding the asbestos crisis unfolding with the “Mr Fluffy” ceiling insulation. This loose-fill insulation was installed into homes in the 1960s and 1970s – how old is your property? The business was based out of Canberra – with the ACT and surrounding areas having experienced the biggest impact to …
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With the new year comes new beginnings – new tenures and employment contracts, new Defence postings, a new school and university year. January and February are a busy period with high numbers seeking rental properties. In January 2016, the vacancy rate for the Riverina was 3.70%, while Fitzpatricks Real Estate achieved 2.84%. This is primarily due to having two dedicated leasing consultants showing our properties on demand, with our inspection program providing …
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The recent proposal from Labor to restrict negative gearing could reignite property booms – by limiting negative gearing tax benefits to investors who buy new homes and not existing ones, this threatens to send investors buying up existing real estate before the cut-off date. All eyes will be on the outcome of this. So what exactly is “negative gearing”? It is the process of adjusting the …
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