What is Caveat Emptor?
Increasingly property buyers are aware of their responsibility to discover building defects before sale – this is known as the Latin principle Caveat Emptor or ‘buyer beware’.
The full quotation is ‘caveat emptor, qui ignorare no...
Read moreMeth testing - the new norm for prudent home buyers
The New Norm? Including Meth checks in Pre-Purchase Building Inspections
For home buyers there is nothing unusual about organising a Pre-Purchase Building Inspection on a potential property purchase. For smart buyers, a Pre-Purchase Building Inspe...
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 moreBuilding? Here Are Mark Campbell's Lessons Learned
“My rationale for building new was threefold,” writes Mark Campbell, a working-class Aussie. “Firstly, it enabled me to have control over the end product and it made sense from an investment perspective because I could maximise depreciation and...
Read moreTwo Things You Need To Know About Smoke Alarms
One: Smoke Alarms Aren’t Always Reliable
Smoke alarms aren’t always reliable which is why a professional inspector can make your job easier and life safer. A good inspection takes into account adequate positioning and operational status in orde...
Read moreNeed To Know - Building Inspection Inclusions and Exclusions
It is important to understand what is generally included and excluded in a building inspection service. Jim's Building Inspections work hard to understand what type of property you are purchasing.
Factors that influence which building inspection...
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 moreIs your house cracking up?
Is your house cracking up?
A long, spidery vein is inching its way across the dining room wall. It seems to be spreading even as you stare at it! You’re sure it wasn’t there yesterday! So what does this mean and how can it be fixed?
Don’t...
Read moreWhat's Depreciation?
New to the property investment game and struggling with the lingo? You’re not alone. Below is one definition posted by news.com.au to build your real-estate knowledge.
What’s depreciation?
> Depreciation
Often investors can claim a po...
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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