Due Diligence for Home Buyers
Literal meaning of Due diligence is doing a comprehensive appraisal of any buying task undertaken by a prospective buyer, especially to establish its assets and liabilities and evaluate its potential.
It is utmost important to do your due diligenc...
Read moreThe Case For More Home Inspections
Building surveyors are calling on Victoria’s state government to mandate balcony inspections. This follows the tragic balcony collapse in Doncaster East in late 2017. Sadly, two people died and many others were injured, according to The Age.
In ...
Read moreWhy Rental Safety Inspections Matter
“When Jonathan’s family rented a home they began experiencing recurring headaches,” reports news.com.au. “Then they made a shocking discovery.”
It turns out that Jonathan and even his children were victims of dangerous traces of crystal ...
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 moreAsbestos-Caused Cancer Trends Up
Asbestos-caused cancers are trending up, according to recent data from 2017.
The grim facts from the Australian Institute of Health and Welfare:
710 Australians were diagnosed with mesothelioma in 2016 – a cancer caused by exposure to asbesto...
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 Block's Depreciation Schedules And You
So, “investors could claim an average of over $2.2 million in depreciation deductions for each apartment on Channel 9’s 2016 season of The Block,” according to new analysis reported by The Urban Developer.
By far the biggest potential deprec...
Read moreBuying Off-The-Plan Housing Needn't Be Scary
Buying an off-the-plan house needn’t be scary if you make smart choices.
One important choice: Seeking out experts in New Construction – and Jim’s Building Inspections is a good place to start.
Buying off-the-plan with professional guidan...
Read moreAm I An Owner Builder?
Whether you are or aren’t an owner builder can sometimes be a tricky concept to get your head around.
Even if you didn’t personally lift a hammer, but rather project managed different trades to do the work, – you are still, legally, the owne...
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,...
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