February 20, 2015
Will owning a home be out of reach for the next generation?
After reading Otto Dargan's article "Owning a property will be out of reach for most Aussies within 50 years" on RealOtto Dargan - Blogger for REB Estate Business's website it made me reflect on how fortunate we are in Tasmania where housing is still within the reach of most employed people? As you can see in the attached article, predictions are that it will very quickly, and…
January 28, 2015
Be a wise investor!
Why then do some Investors with a $200,000 investment property choose to have it sit empty while trying to achieve a rent above the current market? I have witnessed landlords accept 7 weeks vacancy while trying to achieve a rent above market rates. Let us say that your investment property has a current market value of $200,000 and fair market rent is $200 per week. Are you better…
July 08, 2014
How to choose the right agent - Secret Shopping
Well it makes sense doesn't it? Most of us feel that we are pretty good judges of character. That we can pick out the ‘right’ one. Well I reckon you've got about the same odds as picking the tattslotto numbers on Saturday night. You see agents get 'taught' how to present. They get taught how to act. They are on stage. Do you want a fail-proof way to…
July 08, 2014
Your Property Manager is an Expert - listen to them!
I occasionally hear of landlords who take the stand that "Well I was getting $320 per week all last year so I will hold out until I find a tenant willing to pay that again”. So they hold out for weeks and weeks when the property could have been re-let within days at $300 per week. The market is what the market is -