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10 things you should know before refinancing

Before we start, remember, Property Friends is not a financial advisor and we do not provide financial advice. However, our dealings with hundreds of investors’ means we hear many stories and pick up a lot of information that relates to the financial side of property investing. No one wants to make costly mistakes with their [...]

2018-04-02T13:18:14+00:00 April 2nd, 2018|Financial Goals|

Ensuring That Your Tenants Are Credible

More often than not, you hear about how to ensure that your landlord is trustworthy and credible. It is not very often that you hear about how to ensure that your tenant is trustworthy. And this is a big point for many landlords. You certainly do not want to have a tenant in your investment [...]

2018-03-01T08:26:11+00:00 February 28th, 2018|Property Investment|

Going it alone? Check this out

For some people, the thought of paying a professional a fee scares them. They think they can complete the service themselves and save some dollars and feel confident in their choice.Unfortunately, the reality is quite the opposite.When purchasers decide they want to get into property investment or add to their property portfolio, the first thing [...]

2018-02-28T13:12:34+00:00 February 28th, 2018|Property Investment|

Travelling To Inspect Your Investment Property

As many of us have investment properties interstate we thought it would be helpful to clarify what you are entitled to claim as expenses when travelling to inspect your property. You can continue to claim a deduction for the cost of travel you incurred to inspect or maintain rental properties or to collect rent if [...]

2018-02-01T11:36:56+00:00 January 29th, 2018|Property Investment|

Quantity Surveyors Report

Your rental property will qualify for certain tax depreciation credits and capital allowances. It’s important that you take advantage of these to maximise the tax credits you may be eligible for. The potential allowance for depreciation and building costs write off will depend on the buildings age, type, use, and construction cost. With our house [...]

2017-12-01T10:43:47+00:00 December 1st, 2017|Property Investment|

Increasing the Rent Has a Big Pay Off

There are obvious benefits to us as investors in making sure we keep increasing the rents on our properties in line with market forces. Putting the rent up at the end of a lease or change of tenant is something we should be diligently trying to achieve in consultation with our rental agents. Yes, it [...]

2017-12-01T10:44:02+00:00 December 1st, 2017|Rental Income|

Laughing all the way to the bank

After dealing with so many investors  - we’d thought we’d share some tips that we’ve found can help you pay off your mortgage faster, save big of dollars and beat the banks at their own game. 1.      Add a little, often to your repayments If your mortgage repayment is $1,000 organise to increase this payment [...]

2017-12-01T10:45:47+00:00 November 17th, 2017|Financial Goals|

Under 30? Now’s the time to start.

Many people feel property investment is an older person’s game. WRONG! At Property Friends we have a number of investors who are under 30. Why wait? A lot of potential investors put the property in the “maybe later basket”.  Historically, house prices have doubled every 7-10 years. Younger investors have time to experience that second [...]

2017-11-17T09:08:23+00:00 November 17th, 2017|Property Investment|