Jul 06, 2017 Many investors are beginning to see Airbnb as a strategic opportunity to boost their yields. But what risks do you need to be aware of – and as landlords, what rights do you have if your tenants start subletting your properties? Sarah Megginson reports
We expect our landlord insurance to cover us whenever anything goes wrong with our investment. However, some insurance providers offer far more security than others – and some fail to cover even the most basic tenant misfortunes. When the unexpected happens, can you be sure you’re safe?
Tenant placement can make or break a landlord’s experience of owning a rental property. But just how do you avoid placing a terrible tenant in your biggest and most expensive asset – and being ripped off as a result?
A good tenant’s value goes far beyond rental returns, and it’s more than luck that brings them to your door. Finding great tenants is about providing a home with so many reasons to stay they’ll never have a reason to leave. Pauline Hatch reports
Most people invest in property because it’s uncomplicated. You buy something you can see and touch, and aim to make money from rental income and capital growth (i.e. the value of the property you’ve purchased increasing over time). As an added bonus, the interest on the bank loan can be offset against the rental income thanks to negative gearing; lowering your overall tax bill.
When looking for an investment property that you intend to lease, your choice of the tenant for the property is almost as important as the actual choice of property.