Just giving a bit of an update this time about buying an investment property with a tenant already in it. So an existing tenant. Now the pros and cons of doing that. Well the first obvious positive one is that you’ve got an existing tenant in there with cashflow from day one, which is a
Owen Davis interviews Tim Nimmo – Buyers Agent
Owen: Hi. Owen Davis here again from Leifield Real
Estate here with Tim Nimmo from I4 property who is a buyer’s agent and he works
with us referring property management to us across the eastern seaboard with
Sydney, Melbourne and Brisbane. Tim, tell us a bit about your story of property
investing and how you
Timing the market
I had another question come up again, now I know I might have talked about this recently but it just needs to be said again for some reason because people, I’ve been answering this question, It feels like forever a thousand years but probably more realistically 20 years someone has come to me saying all
Who will organize repairs?
Who will organize repairs?
This is a question that landlords like to ask.
So there are two groups of landlords that I have. I’ve got on one hand, landlords that like to do all their repairs themselves, like to organize it, like to do it, like to have a say on who’s going
What insurance is needed for an Investment Property?
Before renting out your property, we highly to recommend that you have Landlord Protection Insurance.
We can give you different brochures on different companies that do offer this type of insurance. Give us a call if you would like us to send those to you or email them to you.
The other thing we recommend …
Leifield January 2019 Promo
Yes that's right - nothing to pay for 3 months and all you have to do is sign up by 5pm on the 25th of January.
January for us is one of our busiest months and the team in previous years have leased 10 for the month! The entire business understands a vacant home isn’t
Should you allow pets in your Investment Property?
This is a question I get asked all the time from new landlords or current landlords that I have.
I don’t think it’s a yes or no question. There’s a few things that I always like to explain to landlords when they’re considering that question.
When you say, no pets allowed you are actually cutting
All Of Our Christmases Have Come At Once
Well it’s Christmas and all their Christmases has come at once. Hope you have a good break and a good holiday.
If you haven’t heard already we’ve had the announcement from APRA that their going to be dropping the 30% cap on interest only loans for banks.
Now, that came in March 2017 or might …
The busiest of Sydney’s affordable suburbs: CoreLogic
Marrickville, Gorokan and Toukley are among the busiest of Sydney’s cheapest suburbs, according to CoreLogic RP Data.
For houses, Marsden Park is the cheapest Sydney suburb, with a median price of $119,310. However, the suburb only saw seven homes sold in the past year. Far busier was Gorokan, with 241 houses sold in 2014. With …
Buying property with existing tenants – good or bad?
If you’re considering buying a property as an investor, the listing agent will usually emphasise the fact that the property is tenanted.
So that’s a good thing right?
Well, yes and no. Let’s explore the pros and cons of buying a property with existing tenants, and the questions you should ask to find out exactly …
Investing in property for your kids
Setting your kids up with their first property or two is a wonderful gesture that (hopefully) they’ll appreciate and a decision that will certainly give them a financial head start in life.
There are a number of ways to go about it, each with their pros and cons, and the age of your kids will …
5 Reasons to Consider a Buyers’ Agent
If you’re time poor (and let’s face it, who isn’t these days) you may not be able to dedicate the time needed to do a decent job of sourcing your investment properties. This is where a buyers’ agent can be worth their weight in gold. So in this post I wanted to start you off …
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