24 Property Management Secrets to Increasing your Rental Income!

Here are some concepts that may help you improve your cash flow…

Higher Rental Value

Ensure the rental value is assessed on a 6 monthly basis.

Property Depreciation Schedule

As a building gets older, items wear out – they depreciate. The ATO allows property owners to claim this depreciation as a deduction. Claiming all the depreciation property investors are entitled to on an investment property can make a big difference to … Read more »

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Do depreciation deductions apply to you?

Owners of income producing properties are eligible to claim tax deductions for a number of expenses involved in holding a property.

Most investors are aware of some of the deductions they are entitled to; for example, they know they can claim their Property Manager’s fees, council rates and any repairs and maintenance costs. However, all too often investors are unaware of property depreciation and as such they … Read more »

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Mothers Day Gift Guide

Mother’s Day is NEXT WEEK so the countdown is on.  We have put together a few ideas if you are struggling to find the perfect gift for the number one women in your life. From accessories to the perfect pair of PJ’s, we are sure you will find a gift to impress.

Peter Alexander Home Boots here

 

 

 

 

 

 

 

 

Personalised PJ’s here

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Tenant Of The Month :: May 2018 :: Chris

Congratulations to this months Tenant of the Month Chris. Chris is relativity new to the Living Here family and has been nothing short of fantastic. We decided to allow Chris’ owner reward him after his first inspection.

Thank you for being a star tenant Chris. 

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9 Ways to Settle in as a new Landlord

With property a top investment choice for many Australians, more of us than ever before are becoming landlords.Truth be told, the life of a landlord consists of time-consuming legal responsibilities. Here are some tips to help you feel at home as a new landlord.

 

 

 

 

 

 

 

 

 
1. Remember, your property is a business, not your home.
When you make decisions about your property, it’s only natural … Read more »

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How to find a Growth area before it BOOMS

Australia’s full of suburbs that were regarded as undesirable, before quickly transforming and seeing their house prices rocket upwards. Brunswick is just one example of this – in the last decade it has transformed from an infamous inner-city strip, to one of Melbourne’s most unique and desirable areas.

Because of this transformation, the median house value here has grown exponentially over the last few years to almost $1.2 million, according to … Read more »

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Claim property depreciation this financial year

Property depreciation deductions can make a significant difference to any investment property owner’s cash flow. Despite this, of all the deductions available to be claimed by investors, depreciation is the most often missed.

Every property investor can benefit from learning more about depreciation and discovering the process involved in finding out what deductions are available to claim.

Here are some key points to be aware of:

The Australian Taxation Office (ATO) allows … Read more »

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Common Questions Landlords Ask

What do you explain to the tenant before they move into the property?

Before the tenant is given access to the property, we go through a 15 – 20 minute Tenant Induction with them face to face.

We explain:

        Rent payment dates and methods
        Rent arrears policy
        What to do in an … Read more »

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10 cost effective tips for adding value to your investment

At Living Here South Yarra, we understand the importance of effectively maintaining a property to ensure the best possible rental return for owners. There are areas where your money is better spent to prevent overcapitalising on your investment and these include:

Window furnishings
Curtains or blinds are another area which reflect the era of a property and can easily date a home. If replacing the window furnishings think about the long term … Read more »

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Should you sell your home or Lease it out?

So, you have found your dream home but you’re not sure whether you should sell your existing house to buy the new home or keep your existing house, lease it out and buy the new home.

There’s no right or wrong answer to this question but there are a number of considerations to keep in mind.

The … Read more »

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