What'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 moreAsbestos Imports - A Health Concern
If you follow the news, you’ll be aware that Chinese companies have been exporting asbestos products to Australia. But did you know that they’re not alone?
There’s a long list of countries exporting products with asbestos to Australia. They ...
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 moreHouse Inspections Take Time
Okay, random question: How long would you spend inspecting a house before buying it?
In Australia, more than half of homeowners (58%) spend less than an hour inspecting before the big buy, according to research put out by ME bank. Thus, it’s not...
Read moreHow do I go back to my home after Fire Damage?
A fire is a traumatic experience, and it can cause more damage than what you can see initially. Beyond the physical fire damage, you must also consider the smoke and soot contamination. Both can be dangerous and costly.
Fire damage can extend to t...
Read moreWhat does Domestic Building Insurance means to Builder or an Owner Builder in Victoria.
Whether you are a homeowner who is using a Builder or an Owner Builder, it is mandatory to get a domestic building insurance.
If you undertake domestic building work worth more than $16,000, then you need domestic building insurance.
Furthermore,...
Read moreA Good Building Inspection Is Better Than An Expensive Cure
Put yourself in Hao’s shoes. He buys his dream home only to discover a buyer’s worst nightmare: most of his buildings are illegal.
As the Whittlesea Council says: His bungalow was constructed without a permit. And to add insult to financial in...
Read moreWhat Does Jim Know About Building Inspections Anyway?
ACTUALLY, QUITE A BIT MORE THAN WE EVER REALISED!
We recently discovered that Jim Penman’s dad was a forensic engineer.
From an early age Jim’s father was investigating materials, structures and their components which failed o...
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 moreHow Can I Save Money This Year?
This year has been a year of challenges. These challenging times are leading to many investors asking the question how can I save money this year?
One of the ways many investors can save money is by looking for ways to reduce their tax burden. That ...
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