Lennie Lynn

About Lennie Lynn

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So far Lennie Lynn has created 77 blog entries.

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|

Baby-boom or bust? Finally, the answers!

Our daily dealings with property investors and ongoing research for our newsletter and webinars has unearthed an interesting train of thought, which appears to be held by many. It goes along these lines: What might happen when baby boomers [people born between 1945 and 1964] retire and sell up their real estate en-mass? Will the [...]

2017-11-16T12:43:20+00:00 November 16th, 2017|Property Investment|

Tick Tock. What’s the time on the property clock?     

The property clock is a device that shows buyers, sellers and investors where the property market is at any time across Australia.  As all towns and cities are at different points in the clock, it’s hard for one clock to cover the entire country. However, it can be used within a defined territory and remains [...]

2017-10-09T11:50:43+00:00 October 9th, 2017|Property Investment|

Think you can’t buy property? Think again!

Average Australian capital city house prices rose around 1.8% in June 2017 according to research firm CoreLogic. Sydney remains the most expensive city with a median dwelling value of $880,000. This may make investing in Australian property seem like an unattainable dream. If you consider using your self-managed super fund (SMSF) to buy, you’re on [...]

2017-10-04T01:42:24+00:00 October 4th, 2017|Property Investment|

What’s super about uncertainty?

With the budget lifting the aged pension access age to 70 by 2035, affecting those born after 1965, what’s to become of our superannuation system? Our Treasure, Joe Hockey recently indicated more superannuation changes may be afoot – especially for the ages we can access our super. The Commission of Audit Report, released earlier this [...]

2017-11-26T13:11:54+00:00 September 27th, 2017|Financial Goals|

Financially Secure? Who me?

We all know there’s no such thing as job security. That’s why more Australian’s are looking at strategies that put them in charge of their financial destiny. There’s a number of investment options available. Many Australian’s are opting to purchase an investment property to increase their levels of financial security. We’re also seeing more and [...]

2017-10-04T01:34:33+00:00 September 20th, 2017|Financial Goals|

How foreign investment in Australian property effects you

China’s cabinet recently imposed new controls on the nation’s shadow-banking industry, targeting off-the-books loans. The result? China faces a record drop in new credit levels which could lead to further foreign investment in the Australian Property Market. “Your Investment Property” magazine recently reported that Australia represents the perfect place for Chinese investors to obtain finance [...]

2017-10-04T01:43:46+00:00 September 19th, 2017|Property Investment|