Key Changes in Phase 2 of the Residential Tenancies Act in WA
Phase 2 of the Residential Tenancies Act amendment, recently enacted by the WA Parliament, will come into effect on 29 July 2024. This phase introduces significant changes across three main areas that will impact both property investors and tenants. Rent Increase...
Property Investment- Houses versus Units
As 2024 unfolds, a notable shift is occurring in Australia’s property market: while house prices continue to soar, units are becoming increasingly attractive. The once-clear distinction between the cost of houses and units has evolved, with significant implications...
Property Investment: Wear and Tear vs. Accidental Damage Explained
Every landlord dreads receiving a bad final inspection report once tenants have moved out of their rental property. The initial reaction may be to withhold the bond, but what happens if the damage is claimed to be ‘fair wear and tear’? If this is challenged, tensions...
Why Your Will Matters as a Property Investor
Building a real estate portfolio takes years of hard work and sacrifice. But have you considered what will happen to your assets when you’re no longer here? Who would inherit your portfolio? Would you like to pass it on in equal shares? A well-crafted will is...
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