Tuesday, 25th August 2015
Did you know that for as little as $400 per annum, you can protect your investment property?
This small fee is all it costs to take out landlord insurance - and it can save you a whole lot more.
Whether a tenant damages your property (either accidentally or wilfully) or you get stuck with lost rental income, landlord insurance is something you shouldn't do without.
Please read the small print before you take out a policy and shop around - the cheapest policy may not be the best one for your property.
Note that the cost of insurance can be claimed on your tax as an investment property expense, so you won't be out of pocket for the full amount.
Until next time,
From the desk of Christine.