Sorry, tenant pays usage of water hence in NSW I call it water rates, owner pays council rates.

Not so bad, the tenant pays the water rates!You just need to invest in a high growth area with great rental return!

Hi Joseph,Not a silly question, a property is positively geared when all expenses of the property are covered by the rental income. Rates and land tax are an expense of the property and therefore a tax deduction which if the rent does not cover then puts you into negative gearing as you have to add money to the investment to keep it active.Ideal…[Read more]

Hi there Lila77,The landlord suggestions above have been popular with my past clients and investors as well. You need to check that the policy covers rent arrears, damage and third party damage meaning something a guest of the tenant may do. Check what the excess is on a claim as some divide up the claims into parts and charge excess on each…[Read more]

Hi David,I have lived in the Hunter Valley for the last 25 years working in both Singleton and Muswellbrook. I have a Real Estate background and both areas are great investment opportunities. The mines are going ahead with new leases and major employment. Mt Arthur in Muswellbrook has minining leases for the next 20 years plus and Ashton Coal have…[Read more]