1. Once the property is leased, the rent reviewed or perhaps, you need to
attention usually turns to receiving the start again with a new tenancy to achieve
rent on time and keeping the repairs to your desired outcome.
the property within the budget for the
year. As long as this is achieved other Repairs and or improvements may not
opportunities with lease terms, be that far out of reach when you
improvements to the property reaping discover the pace that rents are
Industry experts have predicted rents will capital growth increases and depreciation escalating. Are these depreciable
continue to increase in the major centres are sometimes not factored into the items? If so a depreciation schedule
throughout 2011. overall equation. will add even more profit to the pool
How important is achieving those rent Demand for rental properties looks to come tax time.
increases when your strategy may also be guaranteed at least for the next
Perhaps holding this property long term
include finding and keeping a quality twelve months following major
is your poison and chasing the rising
flooding in two states and the added
tenant, getting some work done whilst
people resources they will require to rents is going to put this plan at risk.
a tenant is in the property or
rebuild. Add to the equation continued At least this is currently a choice for
maintaining a long fixed term lease?
population growth and the potential you now.
Often it seems that just getting the for increased house prices and it -> follows on page 2
property leased with minimum vacancy is certainly looks good on paper.
the only objective when leasing a
This presents an opportunity for landlords
property and if you achieve a good
of investment property, at least in this
quality tenant, well that’s a nice bonus.
calendar year, to really consider where
In fact, there are many options to
the money can be made on their
landlords for the tenanting of their
investment.
investment properties and increasing the
rent at every opportunity is just one It’s a great time to talk to your property
manager about the local market you are
idea.
in and discover the level of demand that
exists. If you have demand to underpin
you, choice becomes available with the
opportunity to consider the current
tenancy and whether it is working to your
strategy. Does it need to be fixed, the
2. <- from page 1
If you’re not sure, have the property appraised and you may be surprised for an
entirely different reason. There may be an opportunity to invest further given the
rents being achieved yet at this stage it’s unknown to you.
Whichever combination you decide on, the point is this is your investment property
and there are currently options to revisit how it’s working for you.
Having new fittings in your can’t deliver the big bucks, they will
investment property does more refund your $700.
than bring in a high rent. It will
It’s an opportunity many landlords
appeal to a wider market, therefore
don’t know but as an investor, this is
a faster commencement, quality
one of the tricks of the trade. There
tenant as well as the highest rental
are many ways to make money with an
price possible.
investment property, but a
There is even a cherry on top for depreciating schedule is as close as it
Answer (From page 1) Throw the ball this story: a depreciation schedule will comes to money in your bank account
straight up in the air. cost an investor about $700 upfront but for little effort.
the return will be five times that in the
A general list of the ‘effective life’
first tax refund for the year following.
of a properties fittings can be found
In fact, choose a depreciation firm who at http://www.apmasphere.com/
guarantee their work, that way if they documents/242.
Electric kettles use nearly a third
of all the electricity an average
household uses for cooking, so only
boiling as much water as you need
can help save a lot of energy.
Did you know? In 1840 the tradition of Avoiding kettles that have
sending Valentine’s Day cards began in unnecessary features like lights or
earnest with the establishment of the ‘keep warm’ functions will make
Penny Post in England, making mail for a greener cup of tea.
affordable for the masses.
http://www.ljgrealestate.com.au further expresso is a creation of apmasphere, whilst every
effort is aimed for accuracy, no guarantee nor responsibility is given by apmasphere.