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If you ask me, that was an extremely solid way to kick off 2015.
The amount of bond is usually about four weeks’ worth of rent, however it can vary depending on the type of dwelling.
At the end of the tenancy, damage to the property may be paid for out of the bond, but only if both parties agree.
If there is any damage, then the process becomes a little more complicated as both parties have to agree that damage has occurred during the tenancy as well as the costs of the repairs.
For example the landlord may make a claim on the bond for: As the landlord you have the right to request rent on a weekly, fortnightly or monthly basis.
Property investment remains one of the best ways to create wealth but success depends on much more than just property selection and location. property investment also involves people – namely landlords (that’s you) and tenants.