Imagine that you are an investor who is about to purchase their first investment property. Wouldn’t it be great to know – before you purchased -what the market demand is for that investment property? Then you would know your property can be leased quickly by good quality tenants. This valuable insight is called “Vacancy Rate”.
*Disclaimer: The information in all of our articles is of a general nature only and should not be relied upon as advice. You should seek professional advice for your particular circumstances before entering into any transaction.
When it comes to managing your property investment, the devil’s in the detail. But having a deep understanding of your aspirations and a good sense of direction is just as important as being thorough. As property investors ourselves, we at Position One have practical and fail-safe insights to share. We are experts on the kind
During the COVID-19 pandemic, we’ve spent more time than ever at home. As we get used to working from home, home-schooling our children, or search for a new job while being stood down, maintaining good mental health is key to making it through this stressful time. Here at Position One, our team has been working
The Real Estate Institute of Queensland (The REIQ) recently met with the Queensland Government regarding the proposed landlord and tenant protections during the COVID-19 pandemic. This response follows the Everyone Matters in Real Estate campaign. Rental property coronavirus relief is an issue evolving daily. So, Position One Property will keep you fully informed. Initially, when
The rental market is generally buoyant in much of Queensland. Yet, the standard of property management Brisbane landlords receive is often inefficient. Of course, there are some excellent residential property management companies in the city doing a great job. However, you don’t need to be a big landlord – with dozens of properties in your
So you’ve taken the leap and bought your very first investment property. But what happens next? It can be a daunting experience if you’re not quite sure what to do. So, we’ve compiled a list of best next steps. 1. Find a GOOD Property Manager – for your First Investment Property and Others to
Recently, we conducted an in-house questionnaire with our new owners on what makes a good property manager. The answers have provided some insight into some of the factors that they weigh up when building on a property portfolio. In particular, their answers gave insights on how to ensure they find the most appropriate property manager
Choosing the right property and tenants is critical in making your investment successful. This does naturally mean an increased amount of responsibility for you. Firstly, you will need to screen tenants, collect rentals, effect repairs, etc. Fortunately, you can hand these responsibilities over to a property management company to take care of for you. But, there
Anyone who owns investment property will be wanting to know what rental property tax deductions they can claim. When it comes to your investment property, of course you want to maximise your return. The best thing you can do is plan ahead and know what you can claim on tax and what you can’t. Keeping good
Owning an investment property can be stressful if you don’t have a good real estate property management company handling it for you. So, it pays to instantly recognise bad property management when you see it. Because, on the flip side, a great property manager can actually optimise your investment property return. The right property manager even