After several weeks of negotiations between the Federal Government and the Individual State Governments it was decided to allow each state to set their own rules for Residential Tenancies during the COVID-19 pandemic. The NSW Government has passed its amendments and the following is a brief breakdown. New Changes Commenced on 15 April 2020. The.

The new residential tenancy laws came into play Monday 23 March 2020. In this second article of our 2-part series, we take a further look at what has changed and highlight some key areas of interest within the sections. To see all the changes, visit the NSW Fair Trading website*. New information to be disclosed.

On the 23rd March 2020, the new residential tenancy laws will begin. The aim of many of these changes is to reduce disputes over repairs and maintenance, increase protection and certainty for tenants, and clarify the rights and obligations of both tenants and landlords. Many of these changes apply only for all new tenancies and.

A question we’re often asked is whether to sell a home by holding an auction or by private sale…. Well it depends! Some argue the economical process of auctions are the best way to get the most competitive price, however others argue a private sale is better as there is room for negotiation. There are.

Thinking of diversifying your property portfolio? Commercial property might be an avenue worth exploring. Commercial property does offer some great returns and while commercial property leases do often take a bit of negotiation as there are more points to consider compared to a residential lease, commercial leases tend to be for much longer; in fact,.

Capital gains tax are three words no property investor likes to hear, but unfortunately, as an investor, it’s something you do need to consider. There is legislation you need to be aware of if you’ve lived in your property and then rented it out for an extended period. Current legislation for Australian residents living in.

Where would you like to be in 10 years’ time? Working as hard as you are now, or looking at stepping back a bit so you have more time to enjoy with family or friends, or your hobbies and interests? We haven’t just entered into a new year, we’ve entered into a new decade, so.

We’re always been told of a check list of what to look for in an investment property, however there are some things which property investors should try to avoid. Bad locations We are often talking about what makes a desirable location for a property investment, but what about the ones you should avoid? Here are.

Traditionally, spring has always been the time to sell a property; the weather is starting to improve meaning properties are presented in a good light, and people want to sell their property before they get bogged down with preparing for Christmas. But there are few more factors to consider when selling a property, like what.

Like any forms of investing, property investment does come with its own risks and challenges, and for some, with it comes doubts about whether it’s something they should venture into. Well, think of the old adage, nothing ventured, nothing gained. Whether its money for kids education or wanting to retire early, property has helped many.