Here we have a few pearls of wisdom for Landlords and Investors that may be of interest to MBPS customers. Plus Body Corporate questions regarding matters like keeping pets and the body corporate levies are common, here we outline some key points.
Is landlord insurance really worth it in Australia?
Landlord insurance in Australia can be highly valuable, depending on your situation as a property owner. Here are some factors to consider when evaluating whether it’s worth it: Protection Against Tenant-Related Risks Rent Default: This covers lost income if tenants ...
21st August 2024
Views : 53
The difference between tenant damage and wear and tear, plus how to reduce them.
The difference between "tenant damage" and "wear and tear" is important in the context of rental properties, particularly when determining responsibility for repairs and deductions from a security deposit. Tenant Damage Definition: Tenant damage is damage that goes beyond ...
21st August 2024
Views : 48
Choosing the right property manager for your rental property
Choosing the right property manager for your rental property is crucial to ensure your investment is well-maintained, profitable, and hassle-free. Here are some key considerations to help you make the best choice: Experience and Expertise Industry Experience: Look for a property ...
21st August 2024
Views : 52
What is an average Main Beach Body Corporate Levy?
What is an average Main Beach Body Corporate Levy? $7,761.59 ($149.26 weekly) We posted a similar article on our blog 3 ½ years ago and you might be interested to know the figure then was $7,919 per annum. ‘What are the body corporate levies?” is often the ...
17th January 2019 (Updated 11th October 2021)
Views : 2439
Open Letter to Property Investors from Clifford Bennett
For those who do not know me, I have been an international markets trader, analyst and economist for some 30 years now with some of the world’s biggest investment banks. For the past decade I have been out on my own, in the wilderness, and life has never felt better. One ...
5th July 2018 (Updated 11th October 2021)
Views : 2519
Want to buy a Main Beach Holiday Apartment?
Holiday season in Main Beach is busy and exciting and creates some wonderful memories for families and couples. Activities include: our beaches, sunshine, The Broadwater, attractions, theme parks, restaurants and resort facilities. In the last month or so I was repeatedly asked ...
4th November 2016 (Updated 10th October 2021)
Views : 2509
Keeping pets in buildings - the changing landscape
Whilst most Body Corporate By-laws still state that owners can only keep pets with ‘approval of the Body Corporate’ or ‘no pets are to be kept on the property’ the reality is indeed quite different. Landmark decisions from early back as 2010 changed the ...
16th September 2016 (Updated 11th October 2021)
Views : 1816
Are you claiming all that you should?
Through owning a investment property in which you receive an income, you are able to claim any expense associated with that income. By deducting property expenses correctly, you can expect a higher tax refund and leave more rental income in the bank. Every year thousands of ...
15th August 2016 (Updated 11th October 2021)
Views : 2024
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