Property Management and Smoke Alarms are Good Friends
Property management and smoke alarms are good friends. Or at least they should be. Worst possible scenario: Inaction can lead to deaths and a stint in prison.
It’s a familiar story, even in developed countries, however. From one BBC report: “A...
Read moreWhat's involved in a home inspection?
Most of the time we never get to meet our clients face to face and only a small handful are ever able to come along to the home inspections we organise.
So there is often a bit of mystery around what exactly we do during a home inspection.
...
Read moreSave $1000s With a Depreciation Schedule
Investment properties are a great way to secure your financial future. As an informed investor you’ll want to take advantage of all of the tax benefits that are available to residential property investors. Who wants to pay more tax than they need t...
Read moreFact - Termites Hate Good Building Inspectors
A good building inspector knows how to find termite issues. A bad building inspector, by way of contrast, is a termite’s best friend.
When Joe Blow (not his real name) bought a two-bedroom 1920s terrace in Sydney’s inner west for around $1 mil...
Read moreGo With Licensed Pre-Property Inspectors
What makes a good pre-property inspector? Sourceable’s Howard Ryan writes: ‘To do the job properly, a qualified building inspector will have extensive knowledge of the Building Code of Australia, the Building Act, the Building Regulations and var...
Read moreBuilding Inspection Reports - the ultimate negotiation weapon
Rising damp and termite damage. Two issues that would normally send shivers down your spine and see potential buyers running for the hills.
But what if you could you turn a negative building inspection report, into the ultimate negotiation weapon?...
Read moreThe first signs that a home could have rotten or sinking stumps
If you are buying your dream home or investment property, it should be remembered that if the property is showing signs of stump damage, it is important to get a professional building consultant to have a look at your property. A house may appear q...
Read moreWhat is a Building Inspection?
A building inspection is designed to give you independent and objective advice about the physical state of a building, enabling you to make an informed decision, generally about whether or not to buy a building.
A building inspection is a snapshot...
Read moreInadequate Site and subfloor drainage
A sub-floor is the structure and crawl space between the lowest floor and the ground. High moisture levels in these areas promote fungal decay and other timber pests such as termites.
All sub-floors and crawl spaces should be considered as having ...
Read moreThe D-Word: Time To Talk Depreciation
Sad fact: Many Australian rental property owners are failing to correctly calculate depreciation.
“I have often seen clients who have owned investment properties for five, six or seven years and have never claimed any form of depreciation becaus...
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