Property Management
Finding good tenants can be tough, so it can be tempting to rent out your Mt Isa property to family or friends instead of strangers. But there are both pros and cons of doing that. Read on to find out everything you need to know, including tips to avoid any potential hassles. Pros The potential
If you’re a Mount Isa landlord, then it’s important to insure your rental property for peace of mind. Unexpected events can happen even with the best tenants, and any rental insurance premiums you pay are tax deductible anyway, unlike your owner-occupier insurance. What is landlord insurance? Landlord insurance is the common name for rental property
If you’re a Mount Isa landlord, then you obviously want to protect your property. And if you’re a Mount Isa tenant, then you obviously want to protect yourselves and your belongings while you’re renting your property. Here’s everything you need to know. Can tenants install security cameras? In addition to safety, tenants may want to
Body corporates, also known as strata corporations, play a crucial role in managing and maintaining shared properties and communal assets and spaces in multi-residential complexes like unit and townhouse developments. Here is a list of their main responsibilities. Property management, repairs and maintenance Property management is one of the primary responsibilities of any Mount Isa
If you have a Mount Isa rental property, one of the decisions you need to make is how to manage it. You have two options: 1) do it yourself (DIY) or 2) hire a professional property manager. It’s important to understand the DIY risks before you decide which way to go. Mount Isa rental property
2023 is already more than half over, so it’s a good time to look at home selling and leasing trends in our market. Our residential team at Jays Real Estate deals with Mount Isa home sellers, buyers, landlords and tenants every day. Read on to find out what you need to know. Home sale listing
Rental property tax deductions are often an Australian Taxation Office (ATO) auditing priority. That’s because many landlords make mistakes with their deductions. Read on to find out all about the most common mistakes and how to avoid them as a Mount Isa landlord. Data matching The ATO also has a data-matching program that helps them
With tax time looming, it’s important for you to maximise your eligible tax deductions if you’re a Mount Isa landlord. While we’re not financial advisers, we can provide you with Australian Taxation Office (ATO) guidance on rental property tax deductions. 1. Borrowing costs Interest on an investment property loan will most likely be the major
Landlord and tenant conflict can happen, but it can be minimised or avoided completely. Read on to find out all about the most common landlord/tenant conflicts, and how to develop a hassle-free property relationship. Late or unpaid rent Tenants are legally required to pay their full rent on time. Landlords (or their property manager) should
Renting out a Mount Isa property is a great way to maximise the return on your investment. But it’s important to give yourself the best possible chance to do that. Read on to find out our top tips to rent out your Mount Isa rental property. Tip #1 Check out your competition This will give
If you want to invest in property, the return on your investment is a crucial indicator. Mt Isa rental property returns are currently strong and they are likely to stay that way due to low vacancy rates and a strong local economy. That’s great news for Mount Isa landlords. Mount Isa rent rates Like any
Rental bonds are a fact of life for most Mount Isa rental properties. They are an upfront payment to protect landlords against tenants not paying their rent or causing property damage. Whether you’re a Mount Isa landlord or tenant, read on to find out answers to rental bond FAQs. Are rental bonds compulsory? No, but