Latest News

image

Gardening in Pots and Containers

I wrote this week's article after drawing inspiration from one of our Crestwood Landlord's efforts in a small apartment balcony garden bed, growing some luscious tomatoes that are now very much enjoyed by their new tenant    We often get asked by new tenants if they can make a garden or expand on an existing garden when they move into their new property. Most landlords are happ...

image

Who pays the mortgage after separation?

Who pays the mortgage after separation? Pheobe Ryan, Elringtons Family Law Department When a couple decides to separate, it is the emotional upheaval that hits first. The practical realities of separation sneak up on us as an unwelcome second wave of uncertainty. Where will I live? Do I keep paying the mortgage? What happens to our joint bank accounts and investments? Who gets the dog?! Unfor...

image

Are You Getting a Ruff Deal On Your Mortgage?

Contributed by Craig Dadds from Objective Wealth   If you're thinking of doing some capital improvements to your home, reducing loan payments or looking at purchasing; perhaps it is time to have a chat to a mortgage broker to ensure the banks don't give you a ruff deal.    So what exactly is a mortgage broker? There are literally hundreds of different loan products available...

image

The Garden - An Often Overlooked Asset

  ‘The greatest gift of the garden is the restoration of the five senses’ Hanna Rion   A garden can be a huge asset to your property. It doesn’t have to be a big, perfectly manicured and maintained full-time job type of garden, but a few well-chosen plants and some thoughtful planning can add a lot of appeal to your property, and, as a landlord, you want to add ...

image

Frame Your Property in the Best Light

- Jack Mohr "A picture is worth a thousand words" - Fred R. Barnard   When you were reading books as a child, was it easier to let your imagination go wild when you saw an image or drawing beside the words? When you read Harry Potter for the first time, was it imagined like it's seen in the movies? Probably not. Images give context, they let the viewer see how the author, artist or phot...

image

Canberra is Full of Surprises

Canberra is not what I expected. It is far more than the grade six trip to Parliament House and the War Memorial [redacted] years ago. My in-laws have just made the move to the bustling Kingston Foreshore, so we embarked on our first interstate pilgrimage to the Capital with the expressed focus on dropping some rather unexpected news.   Three days of shopping, eating, sleeping…. n...

image

Tenants - Easy and cost-effective ways to transform your rental home.

Whether you have just moved into a new rental home, or have been living there for some time, it’s always nice to put a little stamp of yourself onto your space. Particularly if the colour scheme is a little dated or dingy, or perhaps a bit too stark and clinical. Below are a few easy and cost-effective decorating ideas that we've seen in some of our properties under management over the y...

image

Looking after the Perfect Hottie!

Looking after the Perfect Hottie! Richard Sanderson – Greenwell Plumbing   The hot water system is a plumbing asset in every home but usually tucked away out of sight and not given much thought until you are faced with cold showers on a frosty Canberra morning. Unless you like cold showers, it is best to give your hot water system some extra thought now so it’s lifespan can...

image

Property Managing for Tenants

  It's one thing to find the right property to invest in. Another to get the purchase over the line and find the right tenants.... and then another bucket of fish all over again to keep the everyone happy!   As we all know, most landlords are not the evil trolls portrayed by Tracey Grimshaw... Just like most tenants are nothing like the horror stories we see on the news or in the...

image

Proper Paperwork is Paramount for Property Investing

Proper Paperwork is Paramount for Property Investing Dan Miller - Trade Guardian     No matter what industry or market they choose to focus on, successful investors all have one thing in common that underpins their investing activities. This fundamental task is something that is so obviously important and yet it is one of the first things to be overlooked or put off. That's...

image

What I Learned When I Blew My Renovation Budget!

Contributed by Canberra local, Judith Smyth   Renovating! You either love it or hate it. Tackle it with gusto and have endless catalogues of on-trend looks and spend every spare moment at the hardware store or display villages, or procrastinate and pretend that the leak in the shower isn’t really THAT bad, or you can live with the cracked laminex kitchen and 60’s floral car...

image

WHAT I SOUGHT IN A PROPERTY MANAGER

WHAT I SOUGHT IN A PROPERTY MANAGER Genevieve McMahon   Buying a property as an investment is not something that most of us enter into lightly. It is a substantial portion of our hard earned money, and an investment that we want to see managed successfully for us. Therefore, when selecting an agent to handle all aspects of management, it is important to be familiar with the characteris...

image

Can I Justify a Rent Increase?

The cost of outgoings associated with property investment have been on the rise, so naturally you want to make sure you’re getting a fair market return on your property. In Greater Canberra over the last 12 months average lease prices have risen by 14.4% for houses and 4.4% for apartments, so does that mean you should be returning more? There are a lot of items to consider when pricing ...