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Your key costs as a Landlord

Property investing is an excellent vehicle for building long term wealth. But you need to factor in the upfront and ongoing costs of being a landlord. Throughout the duration of holding each property, you need to have stable cash flow to cover your key expenses and the regular shortfall (if you’re negatively geared). In this […]

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Rethinking Lender’s Mortgage Insurance

Lenders’ Mortgage Insurance (LMI) is typically seen as an additional cost when people buy a property. Some experts, however, think that investors can make LMI work for them. LMI is critical for the lender as it protects them if you’re no longer able to pay your mortgage. But, how can LMI work in your favour […]

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Termite infestations and how they affect your investment

While they might be small in size, Subterranean Termites are a large pest throughout Victoria. If steps aren’t taken to prevent termites, they can wreak havoc on wooden homes and other structures. To make matters worse, many insurance policies don’t cover costs incurred by termite infestation – and they’ve caused more damage to Australian homes […]

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How colour in the home can affect your mood

While many of us are still working from home, now is the perfect time to take a look around at the colours in your home and consider the effect it might be having on your mood. You might be surprised at the changes a few small tweaks can bring. Colour gives your home personality; it’s […]

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Things your bank won’t tell you

When you approach your bank to enquire about a new home or investment loan, chances are that whoever you’re dealing with will be eager to help.  After all, banks are a business and exists to make a profit, so they need your business. I mean, money is their main business, right? Many years ago, people […]

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Why landlord insurance is an expense you won’t regret

According to Finder, landlord insurance costs an average of $208 per month for a property worth $1 million. This amount can increase or decrease depending on the value of the property. Once it’s tallied up for the year, your landlord insurance will probably be one of your larger ongoing expenses (if you haven’t had to […]

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Is there much difference between property managers?

Over my working years, I have learned that one of the keys to doing your job well, is to love what you do and to be passionate about it. When it comes to property management, I have found that you either love it or you don’t, there doesn’t seem to be an in between when […]

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Is your home looking a little tired?

Renovating a home adds value – but it comes at a cost. You can throw tens, even hundreds of thousands towards updating your home, but you can also be creative with your home renovation ideas and increase the value of your home. Here are some home renovation ideas that you can achieve with a little creativity […]

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Negative, neutral, positive gearing: Which is best?

Tax law in Australia is inherently complex. As an ever-evolving beast, a change in one area of tax law has implications across many other areas, especially when it comes to people’s finances and investing. Negative gearing is one of these areas, and it’s been a hot topic in recent years. Deciding whether your property will […]

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