The question of homeownership versus contributing to a landlord’s investment is an age-old conundrum when buying your first home.
Industry analysts and the renting public alike are acutely aware of the housing affordability crisis. The research also shows that 71 per cent of all lower-income, private-rental households struggle to pay rent that is in itself considered unaffordable.
Bringing up babies and toddlers is challenging enough in the outside world. Your number one asset warrants the highest level of protection in all environments, but particularly on the home front.
Even though two-thirds of Australian households are pet owners, finding a pet-friendly residence to rent can prove difficult and competitive. Basically, keeping a pet on the premises is at the landlord’s discretion, although assistance pets, such as guide dogs, cannot be refused. There are differences in Australian states and throughout New Zealand about pet ownership rules and regulations during a rental term.
The landlord/tenant dynamic is rarely smooth, even at its best. But the COVID-related rental freezes in 2020 further divided relations and opinion.
With some property inspections subject to social distancing restrictions, inspecting homes for sale or for rent is taking on a new life. If you haven’t attended an inspection recently, here are some of the ways we are all adapting to inspecting properties in 2021.
There’s nothing like packing up your house for a big move to increase stress and diminish your bank account. Luckily, there are ways to make The Big Day easier.
When you’re renting for the first time it can feel like there’s a lot to get your head around. Because you’re signing a contract to live in a property that someone else owns (a lease), you can’t do things in the same way as you would if you owned the property. You have certain responsibilities – but you also have rights.
It’s the question everyone asks themselves at one point in their lives: should I buy or rent? Answer: there’s no easy answer! A lot depends on your financial and personal situation, and where you wished to live and work. But that’s OK. This is always a good question to consider, especially when your circumstances changing.
Rentvesting is becoming increasingly more popular in every part of Australia. Essentially, this concept sees you becoming both a landlord and a renter. Pick your favourite location, virtually regardless of its price, to rent out and at the same time, buy a cheaper property, more suited to your budget, as an investment.