Due Diligence for Home Buyers
Literal meaning of Due diligence is doing a comprehensive appraisal of any buying task undertaken by a prospective buyer, especially to establish its assets and liabilities and evaluate its potential.
It is utmost important to do your due diligenc...
Read moreWhat Victoria’s New Tenancy Laws Mean For Landlords
Victoria’s new tenancy laws mean that landlords need to pay extra attention to basic standards, especially relating to health and safety. These include (but are not limited to) providing functioning heaters, stoves and even deadlocks. Furthermore, ...
Read moreRental Reforms To Hit Queensland
Queensland’s 40-year-old rental laws are under scrutiny. One big potential change: making it easier for tenants to own pets and more pressure to address repairs in a timely manner. Property owners, however, may have more powers in their hands to ch...
Read moreFact - Termites Hate Good Building Inspectors
A good building inspector knows how to find termite issues. A bad building inspector, by way of contrast, is a termite’s best friend.
When Joe Blow (not his real name) bought a two-bedroom 1920s terrace in Sydney’s inner west for around $1 mil...
Read moreNovember is Asbestos Awareness Month
Yes. It’s that time of year again. November is Asbestos Awareness Month.
Why Asbestos Awareness Month?
It’s a national effort with a noble goal. Asbestos Awareness Month is about fighting ignorance through education. The aim is to increase awa...
Read moreWho Needs a Building Inspection?
Building Inspections are generally ordered in the process of buying or selling a home.
A building inspection may also be required if you discover that your home has developed a building defect over time or in response to an incident or accident.
...
Read moreBuilding? Here Are Mark Campbell's Lessons Learned
“My rationale for building new was threefold,” writes Mark Campbell, a working-class Aussie. “Firstly, it enabled me to have control over the end product and it made sense from an investment perspective because I could maximise depreciation and...
Read moreWhat is Caveat Emptor?
Increasingly property buyers are aware of their responsibility to discover building defects before sale – this is known as the Latin principle Caveat Emptor or ‘buyer beware’.
The full quotation is ‘caveat emptor, qui ignorare no...
Read moreThe Block's Depreciation Schedules And You
So, “investors could claim an average of over $2.2 million in depreciation deductions for each apartment on Channel 9’s 2016 season of The Block,” according to new analysis reported by The Urban Developer.
By far the biggest potential deprec...
Read moreIs your house cracking up?
Is your house cracking up?
A long, spidery vein is inching its way across the dining room wall. It seems to be spreading even as you stare at it! You’re sure it wasn’t there yesterday! So what does this mean and how can it be fixed?
Don’t...
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