A dual income property is essentially a property that is generating two income streams by way of two living spaces (attached or detached) under separate rental agreements. A common scenario is a granny flat behind the principal house. Dual income properties are marketed as high rental yields and attract investors looking for a strong cash flow in an increasingly competitive market like Adelaide. However, like any other type of investment strategy, it isn’t without risks.
With the increased number of residential towers popping up across Adelaide, more and more people are likely to consider an apartment as their dwelling of choice making it an ideal property to invest in. Here are Rosie & Rosie’s tips to consider before purchasing an apartment.
At Rosie & Rosie, we believe that an important aspect of choosing the right rental property is ensuring your tenancy agreement has the correct terms. This is because a lease is a legal document between you and your landlord in exchange for renting your dream property. So, here are a few things that you should consider before signing the dotted line.
If you are new to renting or you’ve never had to contact a property manager in the past, it can be a little confusing to know when to get in touch. Here is Rosie & Rosie’s guide to when it might be the right time to give your property manager a call.
If you are considering buying your property at auction, here are Rosie & Rosie’s top 5 auction tips to help you navigate the process with confidence and to ensure you construct a solid bidding strategy so you don’t end up paying more than you intend to for your dream home.
Negotiating a purchase price can be a stressful experience. It’s what determines whether you’ll be a homeowner or going back to the drawing board to try again. Therefore, the negotiation stage is something that you want to get right. Here are Rosie & Rosie’s top tips to help you negotiate the best price for your dream home.
In this episode, we talk to Jacob Gschwandtner, Project Manager & Electrician at Dyno Electric. We talk about the smoke alarms and electric standards that landlords must know. We Cover: Why is electrical safety important for landlords? What is the most effective way to stop electrical harm from occurring? What amount of electrical work can landlords do themselves? What is a landlords obligation to supplying & maintaining smoke alarms? Any other electrical tips for landlords? You can reach Jacob Gschwandtner at: Email: [email protected] Phone: 08 7231 0361 Online: https://www.dynoelectric.com.au […]
In this episode, we talk to Tamara Scutcheon, experienced Mortgage Broker at Loan Market. We talk about Rentvesting, the increasingly popular strategy used by Millennials in order to maintain their lifestyle while entering the property market. We Cover: What is Rentvesting? Why are we hearing more and more about Rentvesting? What kind of people are Rentvesting? What are the benefits of Rentvesting? What are the negatives that people should be aware of in regards to Rentvesting? How do the banks feel about Rentvesting? Does it affect lenders? Is […]
In this episode, we talk to Tom Katsapis, Building Consultant and Owner of Assured Inspections. We talk about the building inspection process, what to look out for, and common areas that people miss. We Cover: What does a Building Inspector look for when inspecting a property? What do people most often overlook when inspecting a property themselves? What are some warning signs we should look out for when inspecting a home? Why would a seller want to get a building inspection? What would Building Inspectors not […]