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 moreNeed To Know - Building Inspection Inclusions and Exclusions
It is important to understand what is generally included and excluded in a building inspection service. Jim's Building Inspections work hard to understand what type of property you are purchasing.
Factors that influence which building inspection...
Read moreThe Case For More Home Inspections
Building surveyors are calling on Victoria’s state government to mandate balcony inspections. This follows the tragic balcony collapse in Doncaster East in late 2017. Sadly, two people died and many others were injured, according to The Age.
In ...
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 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 moreProperty Depreciation - Some Questions
Q: What’s property depreciation all about?
A: In a nutshell, depreciation is a tax deduction when your property’s value declines. The result: Less tax, more money in your pocket.
Q: Where can I find professional help?
A: Jim’s Buildi...
Read moreCommon defects found in homes
Are you buying a home or investment property? Here are some of the common defects that our building inspectors in homes.
Termite damage
The advantages of getting a vendor report before putting your house on the market. Termite damage was found ...
Read moreWhat's Depreciation?
New to the property investment game and struggling with the lingo? You’re not alone. Below is one definition posted by news.com.au to build your real-estate knowledge.
What’s depreciation?
> Depreciation
Often investors can claim a po...
Read moreWhy Rental Safety Inspections Matter
“When Jonathan’s family rented a home they began experiencing recurring headaches,” reports news.com.au. “Then they made a shocking discovery.”
It turns out that Jonathan and even his children were victims of dangerous traces of crystal ...
Read moreGET YOUR HOME READY FOR WINTER!
With winter only around 7 weeks away it is time to think about doing those essential jobs around the home that is really easy to forget. Then one day you look out the window and you have water cascading down your fascia and into your eaves. This happ...
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