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Wishes from Peter & Marlene

Thank you for entrusting us with your investment throughout 2008.

 

We know that the year has been challenging for some but 2009 looks like it will bring much better news for so many.

 

Interest rates have reduced significantly and with predictions of further falls over the coming months cash flows for investors are improving dramatically.

 

There has been a huge increase in first homebuyer activity which has led to prices in that segment firming slightly. There is still a severe shortage of quality rental properties available and this has led to strong growth in rental returns. 

 

 

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Helpful Links for Landlords

We have listed several websites which will provide you with important information for your investment property.

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Investment Property

Buying an investment property

 

Step 1 - Location

Step 2 - Buy quality

Step 3 - Gross vs net returns

Step 4 - Coping with vacancies

Step 5 - Triggers for failure

Step 6 - Top tips

 

The number of property renters in Australia is rising as homes become less affordable to buy. This is good news if you own an investment property because maintaining a good occupancy rate is crucial to your investment success.

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Information Overload

Type the words ‘tenants rights Australia’ into Google and you get 240,000 hits. And while it’s fair to say some pages might be more useful than others, this simple test highlights the vast amount of information now at tenants’ fingertips.

 

Many tenants are now far more informed of their rights and obligations when renting a property than ever before. They benefit from a wealth of information available online and in magazines and publications that cover a wide range of topics connected with property management.

 

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Protection for your Investment Property
Unfortunately even the best tenant can suffer from circumstances that may cause you, the landlord, to suffer a loss.  Loss of jobs, marital disputes or even illness can result in both rent loss and damage to your property. 
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Peter Lees Real Estate
152 Brisbane Street, Launceston
Tasmania, Australia 7250
Sales: (03) 6331 5544
Rentals: (03) 6331 8877
Free Call: 1800 633 445
Fax: (03) 6334 1188