Top 4 Questions To Ask A Property Manager
The Questions You Need To Ask Property Managers Before You Commit to a Property Management Company When it comes to property management, you should interview potential property managers to understand who you will be working with and understand everything involved. Property management is an immense responsibility with a lot of moving parts to it, and…Read More→
Solutions Panel: How it Benefits Your Property
Advancing Client Care and Excellence in Property Management At Leah Jay, we are committed to providing exceptional experiences for both our clients and property managers. A national study conducted by a leading Property Management Service provider highlights widespread burnout among property managers. Recognising the need for a comprehensive support system to help reduce this within our business, we established…Read More→
The Importance of Refinancing Your Investment Loan
Refinancing your investment loan can be a smart financial move, offering the chance to secure lower interest rates and better terms. However, if you are considering refinancing, it’s crucial that you first assess the current equity in your investment property and understand the refinancing costs involved. In the article below, our Investment Services team explains…Read More→
Why it’s Crucial to Notify Your Property Manager When You’ve Decided to Sell
Keeping your property manager informed about the sale of your investment property is essential for ensuring a seamless transition of ownership and safeguarding your interests as a landlord. Here’s why: Continuity of management: Notifying us allows for the preparation of a smooth handover of management to the new owner. Maintenance and repairs: We coordinate any…Read More→
Investment Services Case Study: Adding Value with a Granny Flat
From backyard to big returns: turning unused space into a high-yield investment When Maria* sought to maximise the return on her investment property in Rutherford, she turned to Leah Jay’s Investment Services team for expert guidance. She completed a Property Health Check with Leah Jay to explore opportunities to enhance her property’s value. Contents The Challenge…Read More→
The Pros and Cons of Buying an Investment Property
Buying an investment property can have many benefits, but it depends entirely on your investment goals. Besides being another source of income, property investments come with benefits that decrease your tax obligations. In this guide, we will discuss the necessary details about buying an investment property so you can make the most of your real…Read More→
What Exactly is Negative Gearing? How Does it Affect Property Investors?
Gearing refers to the process of using borrowed money to purchase an investment property with the hopes of recovering the amount through capital gains, either in the form of rental income or other income earned on the property. While positive gearing means the income you gain from rental payments is more than the interest payments….Read More→
Investing Off The Plan – Pros & Cons
Investing off the plan involves purchasing a property before it has actually been constructed. You will usually be able to view a display suite to get an idea of what the property will be like when it’s complete; however, as the name suggests, you are basing your purchase entirely off a plan, in accordance with…Read More→
What is a Property Management Agreement?
A property management agreement is a legal document that outlines the relationship between a property owner and a property management company. The property management contract sets out the terms and conditions for managing commercial or residential properties and the attached rental agreements, including management fees, the property manager’s duties, and the legal responsibilities of both…Read More→
How Much Land Tax is Charged on Investment Properties?
When you own investment property in New South Wales (NSW), it’s important to be aware of the land tax obligations that accompany your investment. Land tax is an annual tax levied on the owners of non-primary residence properties based on the total land value above a specific threshold. Understanding the annual thresholds and rates is…Read More→
How To Calculate Average Rent for Commercial Space
Most people are daunted by the prospect of commercial rent calculation as commercial leasing has so many variables to begin with! But average rent will fluctuate with commercial rental properties based on a range of factors, all which we’ll discuss in detail. In this article, you will also learn how average rent is calculated for…Read More→
Guide to Positively Geared Investment Property
Having a positively geared investment property as part of your property portfolio is a popular investment strategy in Australia. This strategy involves purchasing a rental property that generates more rental income than the expenses incurred to maintain it – this creates a positive cashflow property, also known as a positively geared property. This means that…Read More→