Today, I thought I’d write a post regarding a favourite topic of mine: “rentability” or actually “considering the rentability” of a property as part of the investment property assessment process. This is something I feel is often missed by investors, who in the excitement of securing a property, they don’t really think about the long
Know Thy Tenant
How well do you understand your tenants? have you ever thought about their habits when they look for a suitable property? This article is designed to shed some light on these mysterious people who occupy an investor’s biggest asset, and quietly and patiently help you pay the mortgage week in, week out! today, I thought

Season’s Greeting and Thank You

To our Dear Clients, Partners and Friends, 2019 has been an extremely exciting year for the NextGen Property Mgmt family. Since establishing ourselves, we have gone from strength to strength and we are proud to report as we are closing 2019, that we have achieved our objectives for the year. Our measure of success, is

6 Costly Mistakes Landlords make

No one said property investing was easy. And whilst most people talk about the front end of the process, the part by which one buys the property, the boring part of the journey, the part that involves holding the property for long, long periods of time, when nothing seems to happen, is rarely of interest!
Did you know that the safety window measures for strata schemes has been in effect since early 2018? They were introduced to prevent children from falling from windows. According to the requirement and as reported by the NSW Department of Fair Trading, strata building windows must be fitted with safety devices where the internal floor
[Note: Most of the below information is an extract from the Royal Life Saving – “Be Pool Safe” website which can be found by clicking here) Summer is upon us. Before we know it, we will start getting hit with 30 or 40 degree days and for many, the only option will be a pool! That

Vacancy in December? PLEASE READ NOW!

Oh, oh! It’s a few weeks’ out from Christmas and your fantastic tenant just gave their 21 days notice… That means your property will most likely be vacant in the Christmas-New Year period when everything shuts down. Your heart tells you that a vacancy in December is not a good thing, and you are right.

Tips for busy property investors

This article, outlines a few simple tasks that a busy property investor can do, to keep on top of their property. They are not time consuming, and if they were to be followed with a degree of diligence and discipline, they will hold you in good stead. What do you suggest for keeping on top
What tenants look for?
With almost 30 years’ experience in real estate, I’ve come to realise that some property attributes – when present – seem to make rental properties more desirable to tenants which means that they rent faster. Having operated as both a landlord and property manager, bought and managed properties in different cities, and gained experience with