Landlord Tenant

Real Estate Tips: Building A New House

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Most of the couples contemplate building a new home and renting out their old PPR (Primary Place of Residence), but are in doubt about the ATO’s (Australian Tax Office) rules as per the deductibility of the interest on each property’s mortgage.

If you ask yourself, which property is gaining “assessable income” the answer will be obvious. Interest on the old home will now be deductible, as it is now earning assessable income but no more the new home, as it is not earning assessable income. Continue reading…

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What Every Landlord Should Know About Discrimination?

The Fair Housing Act of 1968 bans discrimination on the basis of race, color, religion, nationality, age, sexuality, source of income and gender. The FHA increases past the screening process, and into advertising also. This is where several landlords and property managers make deadly errors. There are various people who rub the classifieds finding for the improperly worded advertisements so as to jump on them and warn a lawsuit. Continue reading…

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Techniques to Look for Good Tenants for the Rental Properties

Getting good tenants are not in the destiny of every landlord. If you, as a landlord, looking for a good tenant for your rental property then here are some useful techniques to follow.

The first step for the landlords to know the background of the tenant is the documents forwarded to him by the tenant. Once something wrong will be found in the application, the lender can immediately reject it. Continue reading…

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A Landlord Must Have an Assured Short Hold Tenancy Agreement

An Assured Shorthold Tenancy (AST) Agreement is a contract between landlord and tenant for a short term period. With an AST, the right of tenant of tenure security which is specially called as the right not to be expelled of the property is less than it would have been before the arrival of the AST. If the landlord obeys the rules and regulations then he has the freedom to attain property freely.  Continue reading…

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Factors Affecting the Rental Buisness of Landlords

In today’s world, the growth of rental business is increasing year after year. For the last 5 to 10 years, the property prices in US have been increasing that left the buyers in an unfortunate situation of not being able to afford the property. There are several reasons for the tenants who are not able to get on the property ladder like student loans, credit cards, personal debts and lots more. The factors that can affect the rental business of landlords include affordance, interest rate, supply and demand ratio and lots more. Let’s have a look over the details of these factors. Continue reading…

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Future of Landlords and Agents in UK

A report, jointly sponsored by the NAEA, the Royal Institute of Chartered Surveyors (RICS) and the Association of Residential Letting Agents (ARLA), pulls no punches in its assertion that the market for buying and selling homes in the UK is simply not working. The housing market in UK is rapidly going down very frequently. Continue reading…

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Need to Understand Landlord and Tenant Insurance Claims

According to recent survey, million private tenants have no home contents insurance, inspite of this that it is estimated that their possessions to be worth more than £10,000 in value. So there is very much misunderstanding in these insurance claims. Many landlords and tenants are risking thousands of pounds of their personal possessions by not insuring themselves against accidents, bad weather or crime. Continue reading…

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Top Tips of Tax Deductions for Landlords

There are many tax deductions available to rental property owners. But many of them pay more taxes as they have to really pay because of lack of knowledge about the tax deductions. Rental real estate provides more tax benefits than almost any other investment. That’s why small landlord think that there is not so much earning in this business as their large portion of income is spent in these taxes. Continue reading…

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Improving Cash Flow by Advance Rent

Collecting last month’s advance rent at the beginning of a lease term is an overlooked strategy that can really save and make you extra money. Now days, when tenant signs a lease, they have to pay the first month’s rent, the security deposit and the last month’s rent, that means they have to pay the rent of three months at a time while signing a lease. So, this could be like a burden over the tenants. Continue reading…

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Tenants Safety

We all know that these days tenancy or letting of houses on rent are popular. Tenancy is not as simple as it seems to be, it has a lot of complications that are to be dealt with. The landlord has to keep in mind all the legal aspects and formalities for keeping a tenant. He has to keep a proper watch on everything like the maintenance of the house, proper and on-time collection of rent, keeping up with the market rate of tenancy etc. Continue reading…

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