Depreciation - A Most Valuable Deduction
Looking to claim? For property owners, depreciation is the gift that keeps on giving and another reason to talk with the professionals at Jim’s Building Inspections. To wit, investors deduct the amount of income-producing assets in decline over the...
Read moreThe Politics Of Smoke Alarms
From 1993 to 2015, CSIRO conducted tests on smoke alarms but the public is yet to read the findings. This comes at a time when activists want ionised smoke alarms banned due to alleged issues with response times to common fires. In America, the alarm...
Read morePassing Your Next Rental Inspection With Mould-Busting Professionals
What’s one thing landlords despise? If you guessed mould, you’re right.
“The obvious things we look for are mould in the bathrooms/cupboards/bedrooms,” says one expert in the field. “This is usually an indication that the tenant isn’t ...
Read moreRe-stumping red flags
A guide to Re-Stumping
Re-stumping - or re-blocking as it's known in Victoria - is big business in Australia and can be a very costly exercise, particularly if you don't know what you're looking at and you don't understand what you've bought into....
Read moreBlacklists For Potential Tenants? You Betcha!
Yes.
Blacklisting tenants is a thing and may not be talked about because of shame-related issues.
According to the ABC, a person can be blacklisted without even being aware. His or her name in such a case will pop up on tenancy databases meanin...
Read moreCommon defects found in homes
Are you buying a home or investment property? Here are some of the common defects that our building inspectors in homes.
Termite damage
The advantages of getting a vendor report before putting your house on the market. Termite damage was found ...
Read more10 Horrifying Traps a (Good) House Inspector Might Find
Number One: Asbestos. Enough said.
Number Two: Termites. In a word: EVIL.
Number Three: Fire hazards. Wouldn’t wish this upon my worst enemy.
Number Four: Faulty smoke alarms. It’s a thing.
Number Five: Ghosts. Okay, kidding. Okay, ma...
Read moreProperty 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 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 moreHow Different Methods of Property Sale Impact When You Need a Building Inspection
THE TIMING OF A BUILDING INSPECTION DEPENDS ON YOUR SITUATION AND MOSTLY THE METHOD OF SALE.
As the findings of a building inspection report may cause you to withdraw an offer you should always ensure that you are informed of your ri...
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