Orbit Property Blog
We write regular blog articles regarding current property trends, property management advice as well as up-to-the-minute industry news that affects investors and new home buyers.
We write regular blog articles regarding current property trends, property management advice as well as up-to-the-minute industry news that affects investors and new home buyers.
Switching property managers isn’t as difficult as many may think. There are many misconceptions on when and how you can switch property managers, which can lead to owners putting up with mediocre or poor service, counting the days until their agreement is over, or their tenants move out. But this doesn’t have to be the […]
The supply and replacement of light bulbs is not specified in the Tenancies Rooming and Accommodation Act 2008. As such to avoid confusion or dispute, any arrangement about light bulbs should be included in the special terms of the tenancy agreement. Generally, the Landlord may be responsible for maintaining specialised bulbs and the tenant may […]
There are two types of tenancy agreements that the owner and tenant can enter into. These are a fixed term lease or a periodic lease. Each has its benefits and drawbacks. Whether you are a landlord or a prospective tenant, it is important to understand the differences between the two. Fixed term lease […]
You may have heard people talking about how they ‘got hit’ with variations when building or even renovating. Variations can easily blow your building or renovating budget; however, they are often avoidable if you know what you are doing. What is a variation? The term ‘variations’ refers to changes to what’s been agreed upon in […]
Preparing your own home for other people to rent is not as simple as just moving out and putting a for lease sign out the front. There are several things you should consider before handing over the keys to your home to a stranger. So, why is it important to prepare your home to rent? […]
The answer is yes. However, there a several different warranties that may cover your new home, each covering different things and for a different period. The below information sourced from Queensland Building and Construction Commission: Non-structural Defective Work – As a contractor, you may provide a 6- or 12-month statutory warranty from the date of practical completion […]
If you are looking to rent a property, you’re going to be required to pay a bond. It can be a big upfront cost, so what is it for? Generally, your rental bond is worked at out four times your weekly rent and can be thought of as a security deposit. It is there to […]
As an property investor, do you know what the key responsibilities of a property manager are? At Orbit Property we go above and beyond for all our clients. But there are some basic property manager duties that ALL property manager should be doing. Below we highlight some of the roles and primary obligations. Key property […]
Visiting a display home is hands-down can be one of the most exciting steps in your research journey. But before you get wowed by all that these houses have to offer, here are five crucial things to keep in mind. Know your budget It is important to know your budget as this will determine […]
When building your dream home, there are many decisions to be made from your house design, internal and external colours, tiles, carpet, tapware and cabinetry. Then will come the electrical plan. The electrical plan will specify where all the lights are to be positioned. It will also indicate the number and position of the power […]
We have all been a display homes and fallen in love with the optional extras that a jammed packed into these homes. Display homes look good for a reason. Not only are they professionally styled but all those optional extras will cost extra when you build your new home. So, what are the optional extras […]
The term ‘house and land package’ seems self-explanatory but understanding what is and isn’t included can be tricky. A house and land package is when a buyer secures a block of land and the construction of a home in one process but two contracts. House and land packages are a popular option for buyers as the know […]