The 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 moreTo Buy Or Not To Buy (Off The Plan)
To buy or not to buy (off the plan) is an important issue for an increasing number of new homebuyers and property investors.
When done responsibly with professional guidance (offered by Jim’s Building Inspections, for example) it can be a positi...
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 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 moreEXPLAINED – Owner Builder Warranty Inspections & S137B of the Victoria Building Act 1993
You're an owner builder and it is time to sell your home. The last thing you want is for your hard work to be a hindrance to potential purchasers who have reservations about quality or compliance, just because the works weren't part of a major domest...
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 moreSafety Reversal Check For Automatic Garage Door
In most houses, the largest moving object is a garage door. Newer garage doors are often operated remotely through radio controls, electrical systems, pulleys and motors.
Serious injury or death from being hit by a closing garage door or from bein...
Read moreHow is a House Inspection Organised?
Whilst it’s up to you, the majority of our clients simply provide the Real Estate Agents details and then we will then contact them to organise the date and time of the house inspection.
Generally this saves you a few more phone calls and emails...
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 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 ...
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