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Some landlords question us when we tell them that we are required by law to make an allowance for fair wear and tear in their property. Unlike what you may think, this is by no means an excuse to let tenants get away with damaging your property. The fact is, the older a property becomes and the l...
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Landlords sometimes ask us to insert a special condition into the Tenancy Agreement that should an appliance cease operating within the tenancy it will not be repaired or replaced. Such clauses are in fact in breach of tenancy legislation. Legislation requires that should an appliance be present ...
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Selling a tenanted property brings with it all kinds of obstacles, some foreseen and others can be slightly challenging. If your preference is to have the property vacant, you have flexible access for inspections and you don't need to consider the tidyness of the property. On the downside, you ar...
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Budgeting does not solely apply to balancing the books of a company or a household budget, it is also essential to the successful financial planning when owning an investment property. Intelligent property investors are very mindful they should prepare a budget to cover all contingencies througho...
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