As we approach the end of the year, many homeowners start considering their next move. Whether you're upsizing to accommodate a growing family or downsizing now that the kids have flown the nest, perhaps you're relocating to another suburb, city or country - there's one question that keeps popping up: What should you do with...Read More→
Quality tenants are key to making your investment property a low-maintenance asset instead of a constant management headache.
When you hand over the keys to your investment property, you're trusting someone else to protect what’s one of your biggest financial assets. Thorough, regular inspections are crucial for spotting the early warning signs that could save you thousands down the track. A proper routine inspection is about treating your investment with the same level...Read More→
As tax time approaches, property investors across Australia start turning their attention to ways they can maximise deductions and minimise their tax bill. Two important tools that can help are pre-paying interest and reviewing your depreciation schedule. But when do these strategies make sense? And are they right for your situation? It is important to...Read More→
At Penrose Real Estate, we're committed to helping homeowners protect their property. This week, Christina sat down with Mark Reardon, Director of Critical Care Pest Management, to discuss the critical importance of pest prevention for homeowners. Why Pest Prevention Matters Queensland's climate presents specific challenges for homeowners, as Mark explains: "Many people don't realise that...Read More→
Selling a tenanted property isn't always straightforward - in the right market, it can be a great opportunity, or a bit of a headache, depending on how you handle the sale and communication with your tenants.
Adding a granny flat to your property can be an excellent investment, whether you're looking to create additional living space for family members, generate rental income, or increase your property's value. However, like all additions to your dwelling there are legal requirements and council regulations you have to consider. You might consider adding a granny...Read More→
Navigating the world of property buying and selling can indeed feel like a maze, particularly when it comes to understanding the intricacies of 'non-disclosure agreements'.
When buying a property in Queensland, there are two options for joint property ownership: joint tenants and tenants in common. While both involve co-ownership, understanding the differences between these two options can have important legal and financial implications.
There are many reasons people downsize, whether financial, to be close to family, declining health, or simply a change of scenery.
Becoming a landlord can be a daunting prospect. Deciding whether or not to hire a property manager can quickly add to the overwhelm. Perhaps you've never owned a rental property before and don't know where to begin with the management process, or you've had a bad experience with previous rental properties and can't get your...Read More→
Investment properties make the world go round. The rental market wouldn't exist without them, and thousands of families would be without housing. Not to mention, investors would have no way to fund their retirement, grow their assets or pay off their own mortgages. The perks of investing in a strong property market are vast, tangible,...Read More→
In 2022, we are living in a very different world than we were just two years ago. You don’t have to go far before you run into someone struggling with the cost of living, the housing shortage, or the other flow-on effects of the pandemic. Whether in your local coffee shop, on the news or...Read More→
Buying property has been one of Australia's favourite forms of investment for decades, and for good reason. An investment property has the potential to secure your financial future and increase your wealth exponentially, especially when you invest in the right city. Today, we'll look at why Brisbane is the right place for you to invest...Read More→