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How to create a property condition report that fully protects you

How to create a property condition report that fully protects you

How to create a property condition report that fully protects you

Back when I was a property manager, I started looking after a property that had been through four separate managers in just two years.

Tenants had just moved out, it was filthy and repairs were going to cost more than $1,000 to get the place back to the same condition from when the tenants moved in (according to the owner).

Usually you’d just take that money from the bond. But there was just one problem: there was no condition report detailing what the place was like at the start of the lease.

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The tax deductions you can, and can’t, claim for your rental property

The tax deductions you can, and can’t, claim for your rental property

Everyone dreads tax time, but if you own a rental property then it’s actually one of the most advantageous times of the year. It’s when you can actually start putting all the money you’ve put into your property to work.

Some property owners end up missing out on crucial savings because they haven’t put in the effort to keep their documents or receipts, or they just don’t bother.

That’s a big mistake! Read More

How to advertise on realestate.com.au with Cubbi

How to advertise on realestate.com.au with Cubbi

Getting your property advertised on realestate.com.au is step one for landlords in Australia.

But it can be a confusing process. There are so many different types of listings, and so many options…not to mention there are plenty of property managers or companies claiming they can provide you with a good deal or a better price. Read More

Why all the fuss? Surviving the ever-changing investment lending space

Why all the fuss? Surviving the ever-changing investment lending space

Talking about change – the investment lending space continues to evolve and adapt to the new norm of Australian Prudential Regulatory Authority (APRA) intervention. Oh, and by the way, APRA won’t be going away anytime soon. There have been the obvious shifts like increased interest rates, larger mandatory deposits and interest only caps. This is the stuff that makes the news but what about the nitty gritty likes lenders dumping equity release products? Higher credit assessment rates, shifts away from rent reliant portfolios, reduced Loan to Value Ratio (LVR) limits, new assessment ratios or even the increased scrutiny of living expenses. Read More

Purplebricks vs Buy My Place. Which option is best for selling your home?

Purplebricks vs Buy My Place. Which option is best for selling your home?

If you’re in the market to sell a property, you may have noticed a few DIY-selling sites pop up over the last few years. These sites are an alternative to the traditional method of using an agent – and paying large commissions. Instead, you do it yourself and still get to advertise on the same listing platforms.

That includes Cubbi, but there are other companies like Purplebricks or Buy My Place that have entered this market with the same proposition: ditch your agent.

With a few DIY-style offerings to choose from, what’s the difference between all of these sites? And which is going to be best for your situation? Read More

Interest rates are on the rise…but should landlords raise the rent?

Interest rates are on the rise...but should landlords raise the rent?

Seen the news lately? Interest rates might be going up.

Financial markets went crazy after the Reserve Bank said its members had a chat about whether rates are too low. Other nations – like the USA, the EU and Canada – have been raising their rates, and federal banks all over the world tend to both raise and lower their rates in tandem. Read More

How to get more rent for your property in Richmond, Victoria

How to get more rent for your property in Richmond, Victoria

As a rental property owner, it pays to know what tenants in your area want. Even small additions to your property can get you a much better rental return – and keep good tenants around for a lot longer.

If you own a rental property in Richmond what can you do to get the most from it? 

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How tenants can request maintenance and get results

How tenants can request maintenance and get results

Renters are living in fear…at least when it comes to maintenance.

Back in February, a survey conducted by the National Association of Tenants’ Organisations, National Shelter and Choice, found that half of 1,000 renters said they’re worried that a repair request or complaint could get them blacklisted on the National Tenancy Database.

Here’s the shocking part – 14% of tenants decided not to request maintenance at all because they didn’t want to risk being charged more.

Isn’t that sad?

What’s even sadder is that they’re believing a lie. Read More

What’s been happening at Cubbi?

What's been happening at Cubbi?

This week, I’ve taken over the blog to bring you the latest updates from Cubbi HQ in Cremorne (Richmond’s lesser known sister suburb in Melbourne). We’ve had lots happening and there’s plenty more on the way. Read More

What does a property manager actually do?

What does a property manager actually do?

It’s one thing to get your rental property advertised on a site like realestate.com.au or Domain – it’s another thing entirely to manage the day-to-day operations of one.

That’s exactly what a property manager does. But many landlords are still confused about what goes on during the daily operation and maintenance of a rental property.

So we’re here to shine some light on the subject. Read More

How many coffees can buy you a house?

How many coffees can buy you a house?

When it comes to affording property, it’s clearly true that the Australian property market is enjoying some higher than usual prices. Unfortunately, that’s led to some bickering about how people – particularly younger people – can get into the market.

One of the key suggestions is to save on coffee. But is that really going to get people into the market?

We enjoyed this post on Beanhunter about whether saving some cash on takeaway coffee would get you into the market, so here it is today as a guest post. Enjoy! Read More