Two Things You Need To Know About Smoke Alarms
One: Smoke Alarms Aren’t Always Reliable
Smoke alarms aren’t always reliable which is why a professional inspector can make your job easier and life safer. A good inspection takes into account adequate positioning and operational status in orde...
Read moreWhat is franchising?
Franchising is the practice of using another business’s successful business model. By replicating a successful model, the new business owner or franchisee has a greater level of incentive than an employee, they directly benefit from the effort they...
Read moreRe-stumping red flags
A guide to Re-Stumping
Re-stumping - or re-blocking as it's known in Victoria - is big business in Australia and can be a very costly exercise, particularly if you don't know what you're looking at and you don't understand what you've bought into....
Read moreTiming of a building inspection
THE TIMING OF A BUILDING INSPECTION MOSTLY DEPENDS ON THE METHOD OF SALE.
As the findings of a building inspection report may prompt you to withdraw an offer, you should always ensure that you are correctly informed of your rights and options. This ...
Read moreProperty Management and Smoke Alarms are Good Friends
Property management and smoke alarms are good friends. Or at least they should be. Worst possible scenario: Inaction can lead to deaths and a stint in prison.
It’s a familiar story, even in developed countries, however. From one BBC report: “A...
Read moreWhat Does Jim Know About Building Inspections Anyway?
ACTUALLY, QUITE A BIT MORE THAN WE EVER REALISED!
We recently discovered that Jim Penman’s dad was a forensic engineer.
From an early age Jim’s father was investigating materials, structures and their components which failed o...
Read more10 Horrifying Traps a (Good) House Inspector Might Find
Number One: Asbestos. Enough said.
Number Two: Termites. In a word: EVIL.
Number Three: Fire hazards. Wouldn’t wish this upon my worst enemy.
Number Four: Faulty smoke alarms. It’s a thing.
Number Five: Ghosts. Okay, kidding. Okay, ma...
Read moreThe D-Word: Time To Talk Depreciation
Sad fact: Many Australian rental property owners are failing to correctly calculate depreciation.
“I have often seen clients who have owned investment properties for five, six or seven years and have never claimed any form of depreciation becaus...
Read morePassing Your Next Rental Inspection With Mould-Busting Professionals
What’s one thing landlords despise? If you guessed mould, you’re right.
“The obvious things we look for are mould in the bathrooms/cupboards/bedrooms,” says one expert in the field. “This is usually an indication that the tenant isn’t ...
Read moreThe Dirt On Property Depreciation
What’s depreciation? In a nutshell, it’s an allowance under tax laws in Australia for investors. It means they can claim deductions for expenditures in their property investments.
Why depreciation? Even extremely well-built houses aren’t imm...
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